Thread regarding JPMorgan Chase & Co. layoffs

Arizona 10:30 AM

Has AZ been hit yet?

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| 2691 views | | 17 replies (last June 23, 2022) | Reply
Post ID: @OP+1hmiVBjR

17 replies (most recent on top)

Unfornately, layoffs are not at all performance or years of service based and Many More layoffs are coming, until all HLAs are notified. They're doing it in waves & letting HLAs know they're "on call" during their last 30 days. This way they can phase out Refi all together and also the reason why they're laying off in waves. Purchase layoffs are also coming.

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Post ID: @1cmj+1hmiVBjR

17 Years of Service with Chase. Starting at age 20,... Entire young adult life, GONE!
But, new hires doing sloppy work & taking less apps still employed. Wtf happened to, "last to hire, first to fire?"

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Post ID: @1onb+1hmiVBjR

36 an hour wow what is that 70k a year you fu----g clown HLAs that stayed we are still making 5k a week lol

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Post ID: @1bzp+1hmiVBjR

Dude just forgot to take his medications

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Post ID: @peh+1hmiVBjR

36 an hour.

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Post ID: @qmp+1hmiVBjR

No more 17 bucks an hour for you clowns at SHOC get your life together lol

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Post ID: @qof+1hmiVBjR

Not sure. I took a day off today since I had an interview with another firm

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Post ID: @lzl+1hmiVBjR

They are even letting people go with 10 + years at SHOC.

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Post ID: @mkq+1hmiVBjR

Does anyone know around how many HLA’s were let go? In either site.

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Post ID: @eio+1hmiVBjR

HLA and associates were let go this morning at Phoenix Shoc. They are letting go of newer people. They’ve also let a couple HLA managers go. They stated they are selected based off many factors. Some of the people let go were performing better than others . It seems it’s not just performance they are considering.

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Post ID: @kkd+1hmiVBjR

Are we done for today or still will be more Layoff this week ? another ordinal for the one didn’t get let go. Can’t live every day wondering. Thank you

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Post ID: @bhw+1hmiVBjR

Sales / HLA's will be the last to go. But go they will if they don't produce loans. This is just the beginning.

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Post ID: @vhn+1hmiVBjR

How have the sales teams fared?

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Post ID: @igt+1hmiVBjR

Yup! Mostly refinance and associates at SHOC.

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Post ID: @xhc+1hmiVBjR

Are the ULDP (Underwriting Leadership Development Program ) Losers still employed ?????

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Post ID: @rsc+1hmiVBjR

Any underwriters ?

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Post ID: @cpa+1hmiVBjR

2 rounds already. Seems like they are doing it in small groups.

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Post ID: @okf+1hmiVBjR

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