Topics regarding layoffs at JPMorgan Chase & Co.

Topics regarding layoffs at JPMorgan Chase & Co.

Preliminary IC is out

I heard that preliminary IC numbers are out. Has anyone heard anything? I’ve heard that it’s horrible and I’ve also heard that comp for some people are up…

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| 2940 views | | 7 replies (last December 27, 2023)
Post ID: @OP+1pAw6YWR

Those half day raffles…..

Is the firm really that cheap that it only gives out half day as their raffle prize instead of something more practical , like cash prizes, or how about a full day at minimum ? So when someone is off, their colleagues will have to fill in for the... — read more 

401k repayment loan

Hi for those who got let go and got outstanding loans from your 401k. My question is if I got layoff do I still need to make payment or they will deduct from your balance. Per policy got confused mention sometimes keep making payments. Please any... — read more 

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| 1650 views | | 6 replies (last November 17, 2023)
Post ID: @OP+1pop07tB

Are people randomly getting RIF's?

Are they doing severance with this round of RIF's or is it just 1 person here and there. We had two HLA's just randomly fall off our team this week and I think both were let go. I didn't talk to these 2 much so I don't want to bug them and ask if... — read more 

How can this be true?

JPMorgan Chase is the only major bank to see positive headcount growth in 2023 https://www.forbes.com/sites/qai/2023/10/23/big-bank-layoffs-number-thousandswith-more-on-the-way/?sh=5d716a7718f0

4 days?

Someone mentioned we are going to be 4 days in office from February 2024. Has anyone heard this, is this for real?

Bye bye jobs

I used to love to work here. The pressures on us now to not ever make a mistake is overwhelming. I pride myself on being a type a hard worker. But you're going to go back 90 days and implement failing us on something in all my years here we never... — read more 

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| 2950 views | | 5 replies (last October 11, 2023)
Post ID: @OP+1oWoHsP0

JPM Managers don't give a ....for emoployees

JPM Corporate Service has shown its true colors during this major weather emergency in NYC. For those with access to E-mail received updates on the weather BUT with lack of leadership in the office due to a reorganization, no managers were in too... — read more 

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| 1630 views | | 4 replies (last December 18, 2023)
Post ID: @OP+1oQKaJ5L

Jobs going to Manilla 2024

all CCS jobs will literally be gone come next year! Everything will be offshored to Manilla! And it’s not like the warning signs are not evident!

A FMLA Q

So, my wife's been working over at JPMorgan, and guess what? We've got a baby on the way! She'd planned to kick off her FMLA leave by the end of this month and even went ahead and applied for it. But here's the kicker - she found out today that... — read more 

Concern over changes

They are Closing several branches, lots of bankers up in the air including me and I’m less than a year with this company barely getting any pvc from this dead branch. I still don’t know where I am going and we are closing this week. I am concerned... — read more 

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| 1350 views | | 3 replies (last October 9, 2023)
Post ID: @OP+1oHTkmWm

When will it be our turn?

So many banks have either announced or conducted layoffs in the last few days. I'm worried it's inevitable that we're next.

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| 2920 views | | 13 replies (last September 22, 2023)
Post ID: @OP+1oAzEswv

Slow again

Anyone hear of any CCS layoffs in Tempe? It’s so slow right now and upper management is finding us anything to do to keep us busy. With rates being so high and volume so low it’s only bound to happen. I really hope we’re all safe. — read more 

When you reach a certain age - you should just leave.

I work in a corporate area with a few seniors. I mean real seniors, past the 75 golden ages. Though some are more active than others, some refuse to share or help train for fear of losing their position, at least when they are not dozing off. Then... — read more 

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| 2160 views | | 6 replies (last September 29, 2023)
Post ID: @OP+1o9712ox

Stone Oak Site - San Antonio

Anyone have any info on why they are pushing people to move from the stone oak site to the Wiseman site in San Antonio? More and more keep being forced to move, leaving a lot of the site feeling empty?

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| 990 views | | 4 replies (last September 26, 2023)
Post ID: @OP+1o8OEftV

Constant fear of layoffs

I am of the opinion that you should not worry too much ahead of time, however, I fully understand everyone who is feeling constant stress from the layoffs. Is it worth working in such an environment? I'm thinking of leaving even for a slightly... — read more 

Advancing XYZ Pathway

If you are in line for ice cream, wait patiently for your turn. Cutting in line is unacceptable behavior. We've observed too many unqualified individuals cutting in line in this place. In fact, the entire staff running the "Advancing XYZ Pathway"... — read more 

Layoffs Sept. 2023?

Has anyone heard of any layoffs yet? Around this time last year, there were lots of lay-off rumors. HL markets are being switched around due to business needs. Some CCS who were averaging 20 loans may now only have 5-7 starting soon.

Stolen ideas

It's become very toxic here. From what I hear, it seems that it is not a rare case at all that people find themselves in a situation where managers have stolen their ideas and presented them as their own?

COVID accommodation ending

Per Sedgwick they are done and now JPMorgan Chase Hr will take over for future claims . Did any one received email from HR regarding when you need to come back? I’m in JAX

Children in workplace…

Delaware location just sent a memo that prohibits children in office… that wouldn’t be an issue if you let employees wfh instead of forcing people back in the first place, now they are b*tching about an “issue” when you took away the solution by... — read more 

How many next :O

https://www.reuters.com/business/finance/jpmorgan-plans-63-job-cuts-jersey-city-2023-07-11/

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| 1500 views | | no replies yet
Post ID: @OP+1nCIIhdu

Starting to look for remote work outside

sick of playing bosses' games to make us come in somehow - holding town halls and important meetings in-person "required" on days we are supposed to be remote, yet the bosses never show up. Started to look for full-time remote today. found a few... — read more 

Hiring Freeze

Does anyone have any information on why it is so hard to open new positions in CCB? Is this per department and team or across the board? When will the restrictions be lifted? Is there anything that can be done to get a new req approved?

Pay for VP role

Can anyone suggest the pay to negotiate for VP role at JP Morgan? How flexible are teams with remote work?

Horrible

Horrible management, All-they-can-spam D&I emails, lazy coworkers/pretenders.... Please add your insights!!!

Does the Firm have a mandatory vacation policy???

I have been working here for a couple of years and ask if anyone knows is there is a firmwide requirement that you must take at least one weeks vacation? I work with a woman who never takes a vacation day? Is this possible my last employment had a... — read more 

What exactly is JPM hiding?

https://www.foxbusiness.com/features/jeffrey-epstein-was-asked-help-craft-virgin-islands-s-x-offender-law-first-lady You don't drop 280 Million to hide nothing. Jamie needs to be a open book about this, no one should work for a company that's... — read more 

Why the firm wants you to RTTO

And no, it’s not because it benefits you, the employee, even when they are trying to sugar coat it https://youtu.be/jrsRvozsUQ8

THE SOCIETY AT JPMC

MANAGERS DUMP UNSUSTAINABLE AMOUNTS OF WORK ON TENURE EMPLOYEES AND THE MANAGING DIRECTORS THINK THEY ARE gods HORRIBLE SOCIETY AND THE NEWBEES ARE NAIVE! THIS IS WHY THEY PREFER THEM OVER TENURE SKILLED EMPLOYEES

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