Thread regarding JPMorgan Chase & Co. layoffs

What happens next…?

Who knows what will happen with layoffs- Who is safe/gone. Once they happen, does anyone have insight on what happens next? Typical severance? Internal movement opportunities? How long they’ll keep you on for?

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| 2221 views | | 6 replies (last February 7, 2023) | Reply
Post ID: @OP+1l1yobt4

6 replies (most recent on top)

Generally within Chase they will give you 30-45 days at full pay and if you find work internal you don't get severance. Typical severance is two weeks pay for every year employed

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Post ID: @3lpg+1l1yobt4

Well tomorrow is the 8th…What is going go happen to us???

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Post ID: @3xaa+1l1yobt4

My manager said we are family and will always keep us safe. He said he would even give up his job in order for us to stay employed if the axe does come, so I am not worried

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Post ID: @1onm+1l1yobt4

I know numerous people who have returned and are actually working now from those call backs. So that’s not necessarily true.

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Post ID: @1ejt+1l1yobt4

I've seen people get called into a room and then cut, walk back to their desk, sign out, and manager walks them out. (Can't have non employees walk around the building).. While I've also seen people get cut with the promise if business picks back up, they are able to come back (never happened, they stayed gone).

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Post ID: @1bpo+1l1yobt4

Heard it’s going to be 60% layoff no one is safe.

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Post ID: @hsu+1l1yobt4

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