Thread regarding JPMorgan Chase & Co. layoffs

JPMorgan Chase Looks for Layoffs Following First Republic Bank

The US banking giant, JPMorgan Chase, reportedly is looking towards laying off 500 employees from its workforce. Reducing the headcounts was the routine instance during the past several months across industries in different sectors.

https://www.thecoinrepublic.com/2023/05/29/jpmorgan-chase-looks-for-layoffs-following-first-republic-bank/

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| 2281 views | | 4 replies (last May 31, 2023) | Reply
Post ID: @OP+1mSGZgAG

4 replies (most recent on top)

You sure this has been done already? Everything that I have seen points to layoffs this week but not done yet

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Post ID: @1lej+1mSGZgAG

Can confirm this has already been done. There were some department closures. I’m understanding that the 500 roles were low performers that couldn’t be kept on. The mid and top performers got absorbed into other departments fortunately.

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Post ID: @1bbx+1mSGZgAG

Last week was just words spreading on streets, this week is when actually lay-off happening…

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Post ID: @oof+1mSGZgAG

according to previous threads, this has already happened

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Post ID: @ray+1mSGZgAG

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