Topics regarding layoffs at JPMorgan Chase & Co.

Topics regarding layoffs at JPMorgan Chase & Co.

Keep your options open

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 

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| 2360 views | | 1 reply (November 4, 2019)
Post ID: @OP+11OVoG9D

KYC Columbus

We were given until Dec 14th and then getting laid off in KYC in Columbus. Great xmas present.

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| 1754 views | | 2 replies (last October 31, 2019)
Post ID: @OP+11N3oCyo

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 

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| 1900 views | | no replies yet
Post ID: @OP+11GRUdIC

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 

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 

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| 2500 views | | 6 replies (last November 30, 2019)
Post ID: @OP+11yx88Ct

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 

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| 2040 views | | 3 replies (last October 17, 2019)
Post ID: @OP+11rme9wv

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 

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| 1332 views | | no replies yet
Post ID: @OP+11pvJs1C

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 

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 

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| 2660 views | | 7 replies (last October 15, 2019)
Post ID: @OP+11b1ZIQm

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 

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| 3460 views | | 8 replies (last October 26, 2019)
Post ID: @OP+110sEAtV

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 

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| 3381 views | | 5 replies (last October 8, 2019)
Post ID: @OP+10ZFTD2u

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 

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| 2185 views | | 2 replies (last September 10, 2019)
Post ID: @OP+10YdUmm6

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

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| 3000 views | | 4 replies (last September 14, 2019)
Post ID: @OP+10YAFkDP

Layoffs September

I heard layoffs for GTI are now, not in October, it’s too close to Thanksgiving. Anyone have concrete news.

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| 1974 views | | 3 replies (last September 6, 2019)
Post ID: @OP+10SJlUzx

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 

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 

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| 1461 views | | no replies yet
Post ID: @OP+10AwcKaP

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?

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 

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| 2430 views | | 4 replies (last August 20, 2019)
Post ID: @OP+10ihYxQr

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?

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| 3430 views | | 7 replies (last September 11, 2019)
Post ID: @OP+ZXC9EgZ

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 

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| 2710 views | | 5 replies (last September 25, 2019)
Post ID: @OP+ZW45184

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 

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| 2142 views | | 2 replies (last September 13, 2019)
Post ID: @OP+ZQ5PwQP

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 

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