Topics regarding layoffs at JPMorgan Chase & Co.

Topics regarding layoffs at JPMorgan Chase & Co.

Home Lending Specialist (HLS)

I heard a rumor that all HLS were laid off yesterday is that true? I'm one of the HLS who had my position "terminated"

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| 1920 views | | 5 replies (last February 10, 2023)
Post ID: @OP+1l6Evb71

More work, same pay

Who else will now be expected to do more work to cover for those who were laid off without being given a pay increase or bonus of any kind? I think I'm at the age where "be lucky you still have your job" doesn't work as well as an incentive as it... — read more 

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| 1800 views | | 6 replies (last February 10, 2023)
Post ID: @OP+1l6KQO2Z

Walk out on Chase!! 2/14/23 @11am!!

How about ALL HLA'S, UW and Ops do a walk out on Tuesday, February 14th at 11am? Until we show them we are in control and without us their big fat salaries go away. Until this is done nothing will change.

How many thousand laid off Wednesday?

Surprised that it did not hit the news media on the layoffs. It Took Pl., Wednesday at JP Morgan Chase. More to come. You can bet on it. They have to raise money to pay Jamie’s salary. They won’t even miss the thousands laid off.

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| 2690 views | | 7 replies (last February 10, 2023)
Post ID: @OP+1l6mfPZt

Seen it coming

I seen it coming 6 years ago. Bad marriage with Title source. Then going back to DAS program. I was out. Several leads went to Minala to train. Most people do not know big banks send all your personal information to the Philippines and India. Great... — read more 

Lost our jobs to Manila

Today I lost my job at Chase. I have worked for Chase for 15 years. I've done many things for the firm from Lost mitigation short sales home equity and first mortgage. I trained the people in Manila to do my job and now they are taking it over. My... — read more 

Severance

Anyone know the details about the severance package?

If you are in Tech and you received a poor performance review or even one “N” then you better have your resume and LinkedIn profile updated.

I work in HR at JPMC. Layoffs are in progress and there will be more layoffs. We are aware that it will be the normal RIF numbers as most years. If you are in Tech and you received a poor performance review or even one “N” then you better have... — read more 

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| 2690 views | | 8 replies (last February 11, 2023)
Post ID: @OP+1l5bVKq4

This post didn't age well

It feels like I've person said 2/8 and everyone is just running with it. Probably won't even happen Still think it's not going to happen?

The same day layoffs are happening

I was looking for info on layoffs and this is what I found. Just perfect. JPMorgan Chase & Co, the largest U.S. lender, plans to hire more than 500 bankers catering to small businesses through 2024, the company said on... — read more 

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| 1740 views | | 2 replies (last February 8, 2023)
Post ID: @OP+1l50sDLf

Age of laid off employees

Do we know if this is another culling of the older employees or is it a bit more spread age-wise this time?

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| 1910 views | | 5 replies (last February 9, 2023)
Post ID: @OP+1l5ZbkRm

Field sales

Seems like past cuts have skirted them. Cheap if they don’t fund loans I guess, min. wage and free marketing machines for the company. Any word on how they’re faring today?

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| 1520 views | | 5 replies (last February 9, 2023)
Post ID: @OP+1l5sCZOj

If they could, they would outsource all of us

It's disgraceful to see good American jobs being shipped overseas while we're getting the boot. They are willing to betray everything we're supposed to stand for just to save a few bucks. As long as the leadership gets big, fat bonuses, all is right... — read more 

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| 1700 views | | 5 replies (last February 8, 2023)
Post ID: @OP+1l5KZpaS

2/8 Layoffs

Sounds to me like the only people getting laid off today are HLAs, management and Underwriters. Bet the CCS layoffs are next but when. Doubt they’re safe.

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| 2100 views | | 7 replies (last February 8, 2023)
Post ID: @OP+1l5FJpnC

Layoffs have started

Some people have already been notified and there are plenty to go. Good luck everybody. I know there were people who were hoping to be laid off and I hope they get their wish while the rest of us are able to stay. I know the chances of that happening... — read more 

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| 1930 views | | 2 replies (last February 8, 2023)
Post ID: @OP+1l5eYdX4

Sounds like announcements are starting

There are posts starting saying 10am invites have been sent. Can anyone please confirm locations and positions? Might be easier to consolidate the days events on just one post here. TIA

Layoffs in Cyber?

Anyone hear about any layoffs in Cyber in NY area? So many tech people being laid off across different industries.

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| 1320 views | | 2 replies (last February 8, 2023)
Post ID: @OP+1l4BDVpO

2/8

Good luck to everyone tomorrow in CD. Remember there are other jobs out there. You are strong. Keep positive.

Central banking system is coming to an end

Hey everyone, the fiat dollar is no more. We are becoming gold back currency. No need for central banks anymore. You might want to start looking for another job now.

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| 1160 views | | 2 replies (last February 7, 2023)
Post ID: @OP+1l31RA32

2/8 Layoffs

I’ve read that they were doing 60% - 80% cuts in home lending, has anyone heard this from a reliable source? I also keep reading that CCS and HLA are amongst those being laid off. Has anyone heard about CDA’s being let go this round?

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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| 2220 views | | 6 replies (last February 7, 2023)
Post ID: @OP+1l1yobt4

This is really exhausting

Such a terrible lack of transparency only raises tensions and makes the already bad atmosphere even more toxic. I know that we are all just a number to them, but don't we deserve at least a little more transparency?

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| 1430 views | | 2 replies (last February 4, 2023)
Post ID: @OP+1l0gmDU2

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