Thread regarding JPMorgan Chase & Co. layoffs

CCB layoffs

Any layoffs in CCB in NY metro? Does anyone have inside info?

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| 1551 views | | 3 replies (last September 16, 2020) | Reply
Post ID: @OP+16BTSdZT

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@Post ID: @pft+16BTSdZT - we were told from our ED that there will be significant team "relalignment". Not sure if that means team reduction!! Already this week a whole bunch of old timers(consultants) were let go. Does anyone know how much of a bigger cut will it be this year?

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Post ID: @nbvy+16BTSdZT

To the tune of “Let’s Get Physical”
Let’s go digital, digital, we will hire smart college kids and experienced staff and tell them there are opportunities Let’s go digital digital, opportunities for advancement, opportunities for leadership roles, opportunities for training opportunities to be the best! Let’s go digital, digital need to recuse US cost, seniors need to keep their salaries, salaries, move digital, digital out to India, Philippines, Poland, maybe even Mar’s. Let’s go digital digital, yesterday you were highly qualified today redundant, lacking banking skill sets. Let’s go digital digital you are Let go, let go, that’s how we do it here, do it here that’s how we do it here and now we are digital, digital.

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Post ID: @7ubx+16BTSdZT

There will 100% be layoffs in CCB Digital, inclusive of NY metro. Not clear how many...maybe "only" 5% or so, but there is absolutely a Digital layoff list that the execs have. It's been around for weeks, but changes are still being made. I've heard some managers have been asked to nominate people from their teams for the list. The timing of notices going out I've heard is mid to late September.

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Post ID: @pft+16BTSdZT

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