So did anyone get laidoff?
Update- more layoffs till Nov
Prepare for more layoffs till November. Chase loves laying ppl off right before Thanksgiving. I've seen this in the past 3 years. Also white collar jobs are declining, no more fun bloated teams sitting there and doing nothing, acting busy; most jobs... — read more
EAW…
It doesn’t really do anything practical for employees. Just d-mb games, junk food and garbage bag and call it a day, or week is low effort. Rather they give out bonuses. Pretty cheap for a big bank
So many "Open to work" on Linkedin
I have hundreds of connections of JPMC employees in my Linkedin profile. I was looking all my connection and many of those from Chase are showing "Open to Work". Are lay offs happening in pockets so media doesn't get attention or am I... — read more
Which 603 role is better?
I am applying jobs on Chase job portal and 603 position for 2 roles Manager of Software Engineering Lead Software Engineer Which role has better and more stable career?
goldsach plans to cut 6%, what is JP 'plan?
not sure if JP will follow goldsach
"Role removed" is stupid excuse
My colleague, a nice man and high performer has been laid off. ED told him that his role has been removed. Why Chase didn't upgrade skill of such outstanding employee if role was endangered? We are not a body shop that people will be kept when... — read more
Business Management
How many hours do the business management individuals typically work? Looking to apply but was wondering work life balance
seriously enough
just how many advertisements are going to take over this page... its getting rediculous now!!!!!
JPMorgan to buy New York City building in more than US$300 million deal
JPMORGAN Chase is in contract to purchase a Manhattan building near its new headquarters for more than US$300 million. The bank agreed to buy the office tower at 250 Park Avenue, in partnership with Hines, from seller AEW, according to a source... — read more
Loss of White Collar Jobs
We are losing White Collar jobs as they are being sent overseas. The only way we can stop this is getting involved. Write your representative asking for Anti-outsourcing legislation. It only takes a few minutes and little effort. We can at least try... — read more
Mid year
I had my mid year and my manager said that I am on a negative trend on business result. Am I at risk of being laid off? Thanks
Are you in office 5 days a week?
I see open positions stating it's not hybrid. Does everyone work five days a week physically in office, or does it depend on the department?
Any unpleasant activity in your group?
Heard 3 RIFs in CCB today All 3 were in tech.
People who don't stay in office
Anyone reading this who is higher up in the food chain, do you think the company will go after folks who don't stay in office 4 hrs? Some people come in, login and immediately leave and go home and work from home.
smaller rifs happening here and there
Most of our projected features were taken from the devs in india teams i'm not surprised in some lobs especially CCB and CIB, we're bloated with way too many devs overlapping work with product and business analysist -side note: we don't even know... — read more
Business update townhall on July 30th
Could this be a layoff?? Any past “business updates” has always resulted in layoffs.
JPMC Had Some Of World's Worst Mailroom Managers/Operations Supervisors In The Past
This post may be slightly off-topic but JPMC for many years had the most abusive, narcissistic bullying and gaslighting Managers / Operations Supervisors running their Mailrooms, especially in the Midtown Manhattan region. Desiree' Barnes (now... — read more
More cuts in the US but...
More cuts will be happening this year till October 2024. I wont tell you the exact date. Meanwhile, over 60% of new reqs for tech are in Bengaluru Are you getting the feel for this? Good Luck
Endless job cuts will not cover up for failed mgmt
If cutting jobs is your only way to improve performance, you have no clue how to run a business.
Hire to fire cycle
As some others have noted here, I guess Chase is in constant layoff mode. We're all about hiring and firing but we do it silently. 2 weeks ago my team rif'd 2 devs and I'm pretty sure alot more got rif'd in my lob but soon after the rif, they hired... — read more
Typical JPMC discriminatory behavior
To the aholes running JPMC: Just tell us you won't be filing GC instead of wasting our time. No need to get all toxic and coming up with creative ways to fire employees. I've also witnessed the past few RIFs were purely based on discrimination due... — read more
Prepare for more layoffs 2024
Heard some senior exec saying they will increase headcount by 5 to 7% in India. We know what this means - more cuts in the US. Some of our teams work are being offshored to the India team. Just want to say 'Fck you' to leaders!
Barely literate Digital CTO
Did not speak one sentence in English that is coherent English. No tech skills. Always jet setting to his native country under some random pretext! Wonder how he got an MD promo last year! Only at JPMC!
CCB layoffs
How's ccb folks doing? Heard there's layoffs for them this month. Is it a good move to move to ccb?
Hiring spree in India
Why are there so many open positions in India? I can rarely find any good open reqs here
Spice Heaven
This company will hurt your career and mental health. In technology there is no diversity, equity, and inclusion. In tech centers all you have to do is look around the floor. If you are not the right kind of spice you are automatically excluded and... — read more
Promotion after 6/30/24
Recruiter said any promotion after 6/30 means no pay increase until 1/1/25. Have never heard of taking a (new) promotion at prior the position’s pay for 6 mos. being a banking industry standard.
HR rehiring
I am a former employee, I always had good reviews and I was typically a top performer. I am pretty well qualified in experience and education. I was at Chase almost a decade and my subsequent employer almost 3 years before I saw them use entrapment... — read more
Layoff the poor managers, team leads and supervisors who should be doing their jobs
There is no accountability anymore and these managers, team leads and supervisors are to blame. They don't take the low performers to task, nor do they make sure staff is ready and able to address their work loads. Staff who is either in the game... — read more
Fire Side Chat
What in the world is a fireside chat and why do we all need to gather in a room tomorrow? Anyone know what’s going on?
Not renewing 800 Brooksedge lease
So I heard Chase is not renewing the lease on 800 Brooksedge which is up at the end of the year. Did not say what building they are going to move employees to….not Polaris and can’t think of a local building that will house all employees. Hmmm 🤔 — read more
Layoff on the way
Be ready with next round of layoffs
What’s the Q2 notification date?
Does anyone know when the Q2 2024 layoffs will be announced?
Any Layoffs in Mortgage Servicing today?
Where there layoffs today in Mortgage Servicing today?
JPMorgan Nears Private Debt Tie-Ups With FS Investments, Octagon
JPMorgan Chase & Co. is in advanced discussions to partner with FS Investments and Octagon Credit Investors to expand its reach in the $1.7 trillion private credit market, according to people with knowledge of the matter. Talks are ongoing and the... — read more
APAC layoff
Any updates for the region?
Any Layoffs in CCB
I heard CCB started layoffs starting from next month is it true?