I applied for some internal jobs but I was honestly so ready to leave. Had my job move or be eliminated three times in my 13 years there. Took my seven months of severance and went to a new company. Keep your options open. If there's an internal... — read more
KYC Columbus
We were given until Dec 14th and then getting laid off in KYC in Columbus. Great xmas present.
Should I take the package or try to stay in
Got 10 years in, then a lay off notice last week. Not sure if I should take the money and run of course this does kind of leave a sour taste in my mouth. Anyone else wanna share what they did?
Does anybody actually believe Jp Morgan management?
I call bull on that whole "don't worry about closings, there's enough open positions for everybody elswhere" talk. They don't want us to panic so they'll tell us anything they believe we want to hear. I'm betting you not even half of it comes true -... — read more
Recent news article regarding Chase hiring practices
I have to laugh when I see articles about the hiring efforts of Chase to hire veterans, people with criminal records etc. Jaime Dimon stating that employees would count more than shareholders. At the same time alot of work is being transferred to... — read more
They are moving a lot of their banking overseas.. what does this mean for customers?
Well Jp Morgan Chase does not like to call it a lay-off. They refer to it as an opportunity. And they are focusing in on tenured employees. Mind you they are moving a lot of their banking over seas.. what does this mean for customers?? In a day and... — read more
Columbus credit card & Retail
I Just left a meeting with all of the staff and found out that all of card and retail teams in columbus are going away come 2nd quarter of 2020. They site customers are using chase online and mobile app more instead of calling in which seems odd to... — read more
Anyone from IT cares to comment on this?
This is puzzling, at least... This is per Business Insider, coverage of "World’s Most Attractive Employers 2019" (WMAE 2019) Source Study: https://universumglobal.com/wmae-2019/ PDF File:... — read more
Retail Mortgage Layoffs
Hmmm. Nothing about the purge of Lending Mangers, Senior Lending Managers, and 2 District Directors that occurred Friday October 5th? Huge amount of lending managers were let go in order to align management with the ever dwindling retail home... — read more
I got laid off this week ... GTI delaware
I was replaced by cheaper H1B sponsored labor. I thought maybe they got rid of everyone ....nope just the high paid folks that have been there a while. This should be a crime.
JPMorgan Chase Auto branch in Wilmington closing
There's word the J P Morgan Chase Auto branch in Wilmington, DE will be shutting down soon and positions will be moved to Dallas Fort Worth. Hiring has been on hold for over a year and no new advancement opportunities have been posted. Chase Auto... — read more
Jp Morgan Chase credit card division Elgin il
So for about the last 6 months J.P. Morgan Chase the credit card division has been laying employees off left and right. Anyone with any tenure are in jeopardy and what is their reply. Illinois is an at will state and they don’t need a reason. They... — read more
Jersey City Layoffs
How many people and which dept in NJ were affected?
Layoffs in October?
Heard some rumors, any truth to them?
There is not a need for JPMorgan to lay-off employees
There is not a need for JPMorgan to lay-off employees. There is a desperate need for better leadership in the mortgage bank. For some id–tic reason, senior leaders who ran other major banks mortgage business into the ground (to the point they exited... — read more
The layoffs are meant to pay for the new hires
While Chase will layoff hundreds, we also hire hundreds more in new opportunities and initiatives. The layoffs are meant to pay for the new hires. As for the elimination of the jobs, it encourages managers to be more efficient with the hires at... — read more
Got layoff after several weeks
I got layoff after less than a year with JP Morgan Chase. Nothing to do with performance, just job elimination due to budget cuts. It went from getting a raise in my career to ruining my career. I am too embarrassed to ask my previous employer for... — read more
If you in only for a short term job...
Go for it if you live in NY and a) don’t mind getting rift’d within 8 to 16 months of getting a position, b) willing to put up with managers who know A LOT less than their staff and whose goals are to not get rift’d and get promoted at the cost of... — read more
Chase layoffs
I'm a Sr manager and Just learned that Chase GTI will be laying off hundreds more in the US by October 15th,2019
Layoffs September
I heard layoffs for GTI are now, not in October, it’s too close to Thanksgiving. Anyone have concrete news.
Something Wicked This Way Comes
Batten down the hatches. Enjoy the Holiday weekend. Proof that resume because this one is gonna be yuuuge
Using your boss as a reference post lay-off
I was laid off in June. Applied for a position outside Chase that needed a reference. So I texted my boss & these are her exact words “Hey Sorry I was not at my desk when you called. I was told that Management has advised us we can only be a... — read more
Start looking for a job. Layoffs are happening again in October .
Don’t believe anything your manager tells you. They are going to tell you what you want to hear. Take care of yourself!!!
Jamie says employees will come before shareholders.
Let’s see what happens when we miss one or two quarterly estimates.
JP Morgan Chase Digital in New York, NY
Any rumors of layoffs in Digital? Specifically for software engineers (full time, not contract, not h1b? I know some h1b contractors were let go and management basically offloading the workload to full time employees that were retained...which is... — read more
Layoffs in kyc tampa.
Is the rumor true?
Anyone getting Unemployment in NY?
Relative let go mid-Apr, paid until end of may and received lump sum severance in mid June - NYS turned down unemployment - anyone receive unemployment in this scenario?
While the staff keeps shrinking each month JPM enjoys a TaX cut!
While the company moves jobs to Asia, South America and Eastern Europe each month, in April of 2019 the Chairman of JPMorgan told investors that “The new tax code establishes a business tax rate that will make the United States competitive around... — read more
SHOC Layoff
Support functions for Recovery are being moved to Philippines. Layoff just happened company wide a month ago. Now new talks of more layoffs coming September. Don't invest in anything long term. Including your role with JPMC. Revolving doors are... — read more
Layoffs
Layoffs in Jersey City. There are no jobs at the JC campus. Last week 100 people let go. The rumor mill says that there are steady job eliminations through October. Many jobs sent to Buenos Aires and Plano
Automation
They spend millions trying to "automate" our jobs every year only to fail and then say "sorry no money for bonuses/raises" and still let people go. Why would any employee for this firm attempt to do anything but the bare minimum when they wish you... — read more
Layoff Thursdays
Why are layoffs always on Thursdays? Is there some reason for them to be doing it this way? Anyone from HR here?
Replaced by Manila.
We all know the cost of doing business is a lot cheaper when it's done overseas, and with a company like Chase who continues to improve their quarterly profit by reducing overhead, expect it to get progressively worse state side. These layoffs are... — read more
Layoffs JP Morgan Westmont IL
Any Westmont folks on this board. Why knows more?
We need to be real here
This is not in defense of JPMorgan Chase or any other similar compamy, but we need to be real here. Not sure where in the US you will find an organization that will provide services like those of JPMorgran or similar companies with US staff only. In... — read more
When can we expect more layoffs?
Does anybody know if there are plans in work for a major layoffs round at JPMorgan Chase?
Offshoring private data
As a Chase customer, the news that banking jobs are moving offshore concerns me. My concern is over the confidentiality of my banking information. Time to consider moving my accounts elsewhere.
Columbus jobs eliminated
We are given a soft notice that Jobs are moved to other locations in the US, India or Philippines and current employees have to train their replacements...completely demeaning. Not only that, we havent been given our formal 45 day notice yet so we... — read more
New Headquarters
Does everyone really believe the new headquarters will house the same number of JPM employees as it previously did? With a shrunken JPM footprint in the US and with the number of New York, New Jersey and Connecticut employees laid off, relocated or... — read more