Topics regarding layoffs at JPMorgan Chase & Co.

Topics regarding layoffs at JPMorgan Chase & Co.

Tone deaf

Job is being eliminated since October. All the phone reps were placed into roles where the managers weren’t. The last phone reps leave Friday. More than 15 managers remain and they still haven’t helped find us jobs but we aren’t being offered... — read more 

Golden Opportunity

https://www.linkedin.com/pulse/timing-next-financial-crisis-under-construction-dahn-shaulis/?trk=mp-author-card https://collegemeltdown.blogspot.com/2020/03/coronavirus-and-college-meltdown.html

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| 9350 views | | 1 reply (March 17, 2020)
Post ID: @OP+141bS7M8

Contingency plan for CCB Customer-Facing Employees

I've heard many people say that customers can always go through the drive-through if they need a teller but nobody seems to consider customers need change orders, need a banker or need maintenance on an account that can't be done over the... — read more 

Layoffs and the Corona Virus

If they are going to layoff, it would be good if they did now. Workspaces to not provide the social distance being suggested (mandated?) and they are managers are not providing guidance, telling people to keep their distance or ware gloves at work. ... — read more 

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| 10121 views | | 1 reply (March 16, 2020)
Post ID: @OP+140QE4P4

Have the late March layoffs been confirmed?

Several people have mentioned in the past month or so that we are looking at major layoffs at the end of this month - meaning sometime next week or the one after. Has this been confirmed or is it still only in the realm of rumors? I’d really like to... — read more 

JP Morgan cuts in Europe

How soon before this spills over here? J.P. Morgan plans to release dozens of its Swiss-based employees, according to information obtained by finews.com. The biggest U.S. bank may cut as many as 140 jobs in Switzerland, according to information... — read more 

Dimon's Recovering Well

https://www.cnbc.com/2020/03/06/jpmorgan-chase-ceo-jamie-dimon-expected-to-fully-recover-source-says.html

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| 9270 views | | no replies yet
Post ID: @OP+13QqEeui

HR going thru cost centers

I met with my manager today and told me HR is going through all of the cost centers and did not elaborate. He acts as the COO for the department and manages hiring and firing. Was he trying to tell me that I am being laid off without coming out and... — read more 

Next Layoffs May/June 2020

It’s been confirmed with insider next layoffs after the investor meeting in April will take place in consumer lending around May or June 2020. The exact date not know yet.

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| 12290 views | | 9 replies (last April 29, 2020)
Post ID: @OP+13Gtu5Qs

Top Performance Employees get ZERO opportunities

Management prefers low performance employees because they do not outshine them. Management really can’t stand top performance employees who get ZERO opportunities and the low performance Employees know this so they do not even bother to strive for... — read more 

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| 10370 views | | 6 replies (last April 14, 2020)
Post ID: @OP+13BRH4IN

Layoffs in march

Anyone have the dates for the layoffs on March who will be affected?

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| 11310 views | | 4 replies (last March 9, 2020)
Post ID: @OP+13tYrf7i

Loan Origination Risk of Future Layoffs

Just an FYI Chase just rolled out an automation tool for automatic loan modification to prevent people from refinancing. They currently targeting qualified customers by using their mobile apps. This is a trial period where they don’t need loan... — read more 

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| 11150 views | | 8 replies (last February 17, 2020)
Post ID: @OP+13ntiJOC

02/06/2020 Layofffs

The layoffs happened earlier this morning at our Plano site in Texas. The department started with over 400 people in 2015 now we down to about 25 after today. Our AVP had flooring meeting and said the cut will continue and most likely another round... — read more 

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| 12620 views | | 9 replies (last March 20, 2020)
Post ID: @OP+13nbfDgn

Unionize

Any interest if we get the ball rolling on the possibility of forming a union ?

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| 9800 views | | 5 replies (last February 18, 2020)
Post ID: @OP+13nICRTx

How many people work at Chase?

What's your guess on how many employees the company will have before the end of the year? How about the overall headcount? And headcount at NYC?

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| 7570 views | | no replies yet
Post ID: @OP+13crMEfW

What is going on with Chase?

JPMorgan Chase has begun the lay-off process for their seasoned recruiters in the USA. Replacing their staff with call center representatives (no human resource experience required) . They are changing their strategy in the direction of HIGH VOLUME... — read more 

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| 8140 views | | 3 replies (last January 27, 2020)
Post ID: @OP+13a72Y7M

Bonus????

When are we going to know about our bonuses? I mean how long must we wait... they were paid out last year much earlier. What is going on? I heard layoffs soon.

Home Equity Processing MKE

WTF? Layoff UW and processors in June, now positing positions for processors? Maybe looking to replace higher paid employees with lower paid ones?

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| 2702 views | | 1 reply (January 31, 2020)
Post ID: @OP+1328BLjL

Moving Jobs to Argentina and India

How about when you are training your “backup” AKA your replacement overseas? You know that you are next out the door. The company looks so nice from the outside but at the end is just a greedy business focused on the money and cheap labor. The... — read more 

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| 3180 views | | 8 replies (last January 29, 2020)
Post ID: @OP+132NjVLU

Bonuses this year

How are they looking this year better then last year or worse?

So quiet here

Should I take that as good news that there'll be no layoffs any time soon? Or am I too optimistic?

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| 2390 views | | 6 replies (last January 25, 2020)
Post ID: @OP+12Fxu9CE

CCB in Columbus

Any opinion on the CCB in Columbus? Any layoffs there recently? How is work/life balance? Would it be a good area to take a job at?

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| 2580 views | | 9 replies (last January 14, 2020)
Post ID: @OP+12tC6wXL

Chase Auto

Chase Auto will be shutting down their Wilmington, DE office sometime in early 2020.

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| 1450 views | | 2 replies (last November 26, 2019)
Post ID: @OP+126l3S0X

Chase Layoffs 2020

This is a generic discussion thread to capture comments about potential Chase Layoffs 2020? Any news or rumors?

Chase Tower Milwaukee

Once again rumors are starting to swirl that Chase is not renewing the lease at the tower in Milwaukee. They primarily do home equity and just starting mortgage processing. There is also sales there. Anyone have any solid info on this?

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| 1220 views | | 2 replies (last February 8, 2020)
Post ID: @OP+11UOw1BU

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