Thread regarding JPMorgan Chase & Co. layoffs

Determining who gets the boot

What do they look for when deciding if you’re staying or going? I really hope I can skirt by this next wave of layoff’s/transfers.

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| 2091 views | | 11 replies (last June 29, 2022) | Reply
Post ID: @OP+1hmIdkl1

11 replies (most recent on top)

Re posted due to an error

I would respect them more if they just went on the ratings, but they don't. You would think the person with the worst rating is let go first but it doesn't work that way and can be arbitrary.

They, the managers, sit at a table and rank everyone based their criteria. Some managers don't even know the person, but still they sit there and judge if the person is: sociable, do they have transferrable skills, are they respected by their peers, do they take on more work/projects, have they gotten good feedback from others, do they have energy (code for are they are the oldest on the team), and other things that the poor soul doesn't know they are being judged on. Some managers just don't like the person and will rate them down no matter what others say. After all this, they give them an overall rating that will be the annual rating for those left behind after the RIF.
(Note that annual ratings, are determined before the budget is done, before employees completes their appraisals, before their projects or goals are set or completed. You see all this needs to be done by end of third quarter).

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Post ID: @7vte+1hmIdkl1

I would respect them more if they just went on the ratings, but they don't. You would think the person with the worst rating is let go first but it doesn't work that way.

They, managers, sit at a table and rank everyone based their criteria. Some managers don't even know the person but still they sit there and judge if the person sociable, do they have transferrable skills, are they respected by their peers, do they take on more work/projects, have they gotten good feedback from others, do they have energy (code are they the oldest), and other things that the poor soul doesn't know they are being judged on. Then they take into account the last rating, if the current one isn't available.
(Note that annual ratings are determined before the budget is done completes the appraisal. projects or goals set. This is done by end of third quarter).

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Post ID: @7aqq+1hmIdkl1

It helps to be funny. You're not.

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Post ID: @qyw+1hmIdkl1

This will be ugly. JD mass emailed senior staff this am. Expect the news very soon, meetings will be cancelled.

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Post ID: @jrm+1hmIdkl1

Ahh...the woke group can't take a joke. Chase is perfect for you.

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Post ID: @mlj+1hmIdkl1

I'd hazard a guess that whoever wrote that nasty comment re s.x change is high on the not likeable list...

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Post ID: @akg+1hmIdkl1

@rlh You're either likable or you aren't. If you're actually problematic, your name has already come up in meetings before, as an issue. If you're a rock star, super helpful and also likable, your name has also come up in those meetings, but in a different light.

Just do your job as well as you can, and try to be pleasant to work with. That's about all you can do.

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Post ID: @wbq+1hmIdkl1

I think it's overall likeability is what was meant

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Post ID: @jow+1hmIdkl1

@ied+1hmIdkl1 likability? Who do they ask? Management? Peers?

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Post ID: @rlh+1hmIdkl1

Diversity

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Post ID: @zcx+1hmIdkl1

Salary, productivity, quality, likability

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Post ID: @ied+1hmIdkl1

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