Topics regarding layoffs at JPMorgan Chase & Co.

Topics regarding layoffs at JPMorgan Chase & Co.

Insights for Q1 2019?

With so many top management meetings and re-orgs, what’s going to happen in Feb and March 2019? Heard a wave of layoffs in GTI planned in Feb.

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| 3350 views | | 16 replies (last February 12, 2019)
Post ID: @OP+XoZCZ7N

Phoenix Recovery/Collection's

Something seems odd in our department today. all Staff apparently summoned to scheduled meeting tomorrow. Anyone heard what's up? It's not ordinary.

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| 2310 views | | 8 replies (last February 5, 2019)
Post ID: @OP+X7nSpSM

Over 100 let go in Tampa today.

Just announced that over 100 will be let go in Tampa due to hurrica Irma making the site "too risky" to do business in. Funny thing is Tampa hasn't even been hit with a Hurricane in over 100 years. Happy New Year! Heres your pink slip!!

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| 2000 views | | 4 replies (last January 10, 2019)
Post ID: @OP+X1WocrS

Emails already sent to gather those to be let go

Many already received emails for tbd meetings of high importance for"business" update whether it would be in a room or by phone. Banks are a mess no matter the Line of Business and company. We all need to look outside Chase no matter the line of... — read more 

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| 2970 views | | 6 replies (last January 14, 2019)
Post ID: @OP+WYtIH6W

Firing people to avoid paying severance

Has anybody noticed that JPMorgan has resorted to firing people for even the smallest (and sometimes nonexistent) infraction lately? Things that wouldn't merit even a write-up in normal circumstances? Looks like they managed to find a nice way to get... — read more 

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| 2300 views | | 5 replies (last January 19, 2019)
Post ID: @OP+WW1NG4f

Any more info on layoffs?

Does anybody have any new info on incoming layoffs to JPMorgan? I'm talking about locations other than Lewisville, such as Phoenix? Anything?

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| 1134 views | | no replies yet
Post ID: @OP+WOPMPuH

Back office actual hours worked per day

Work about 70 minutes Take a 25 minute break Work about 70 minutes Take a 30 minute break Work for 30 minutes Take a 90 minute lunch Do no more work the rest of the day I usually skip out about 45 minutes early So almost three hours of work a day Am... — read more 

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| 2020 views | | 9 replies (last December 29, 2018)
Post ID: @OP+WAiQat4

Columbus Layoffs? (Columbus, Plano, and Jacksonville)

There were strangers in our office in Columbus this week noting cubicle numbers. I have no solid information regarding staff reductions. Given the PIWs and alternative valuation products in development and considering the lower mortgage apps volume... — read more 

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| 2290 views | | 4 replies (last December 5, 2018)
Post ID: @OP+Wf9hrVK

Here some context

Imagine you hold a lemon in your hand and you squeeze it. What’s left? This is exactly what happens in JPMC, a human wreck is what remains. The higher you are in the hierarchy the more brown nosing you can see…a rat race is ‘detectable’ too…all to... — read more 

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| 1920 views | | 6 replies (last December 1, 2018)
Post ID: @OP+VVMTSum

Chase Layoffs 2019

Share any updates you may have about Chase Layoffs in 2019 or beyond?

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| 28260 views | | 27 replies (last September 28, 2020)
Post ID: @OP+VT7CsH4

This is all about what you do

After the latest layoffs we got a coffee machine from management, WOW!! Most people I know here pretty much hate their jobs. They complain about the work, the people, the commute, the pay, the hours, the lack of vacation time and control over their... — read more 

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| 1880 views | | 4 replies (last November 17, 2018)
Post ID: @OP+VGuIHOK

J.D. Thank you for Not supporting US Citizens

US immigration hit with H-1B lawsuit Updated 5 hours ago A lawsuit filed last week against the U.S. Citizenship and Immigration Services (USCIS) claims that the agency is arbitrarily deciding the length of temporary worker visas, sometimes issuing... — read more 

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| 1530 views | | 4 replies (last December 10, 2018)
Post ID: @OP+VFEQdYU

Nepotism galore

J.P. Morgan and the art of nepotism is present everywhere you look, I had a great manager in my last job. I didn't realize how great a manager was until I left that job. and start working for JPMC, incompetence reigns here fro VP's to Directors... — read more 

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| 1980 views | | 3 replies (last October 15, 2018)
Post ID: @OP+VEnsoa0

Tech Culture?

Most manager are not good I had 4 last year, LoL, Culture is really awful here for tech. Too much paper work/process required to get things moving in general. Everyone has specific roles/responsibility, so working with different teams could take... — read more 

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| 1630 views | | 7 replies (last November 8, 2018)
Post ID: @OP+VAWfXGL

Mortgage in Plano

I’m hearing more to happen in Mortgage in October within Plano, true?

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| 1290 views | | 3 replies (last October 12, 2018)
Post ID: @OP+VAbkibs

Lewisville, Dallas, Plano...

QC letters and uw and call center 8n Lewisville got aced along with business analyst teams a month ago and day before in Lewisville. Jobs going to AZ come 2019 of Jan FNMA will not be leasing in downtown Chase bldg anymore so they have to let go... — read more 

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| 1290 views | | no replies yet
Post ID: @OP+VAMdOyM

JPMC Custody Services Layoffs

Not sure why no posts here but there are layoffs at JPMC Custody Services. Some folks with very long tenures were let go which leads me to believe they wanted to go after better paid resources - and this will continue as we are in a race to the... — read more 

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| 1330 views | | 2 replies (last October 13, 2018)
Post ID: @OP+VAvzxK9

More for them, less for you

JPMorgan Reports Earnings Amid Mortgage Staff Cuts By Richard H. Suttmeier | Updated October 9, 2018 — 9:15 AM EDT JPMorgan Chase & Co. (JPM) is the largest of the four "too big to fail" money center banks and is the only major bank in the Dow Jones... — read more 

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| 1164 views | | 1 reply (October 12, 2018)
Post ID: @OP+VACdnvk

Greed

Some Employers shed jobs due to the lack of growth but in JPM's case the offshoring of American jobs continued, overall an estimated 90,000 core technology jobs in September, reversing IT employment gains from the previous month, while job postings... — read more 

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| 1440 views | | 3 replies (last October 30, 2018)
Post ID: @OP+Vywx1qo

CAS Dept

CAS layoffs in Jax just happened

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| 1380 views | | 4 replies (last October 7, 2018)
Post ID: @OP+VvyeOPQ

San Antonio Impacted

107 pink slips in San Antonio Lynn Brezosky | on October 5, 2018 Photo: Scott McIntyre /Bloomberg IMAGE 1 OF 21 JPMorgan Chase & Co. is laying off 107 San Antonio employees as it relocates its Banker Support Division. >>>See which other businesses... — read more 

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| 2310 views | | 6 replies (last January 3, 2019)
Post ID: @OP+VvbubPa

LAYOFFS BY THE THOUSANSD. JUST STARTED

The Wall Street Journal MARKETS JPMorgan Chase Laying Off About 400 Mortgage Employees Chase, one of the biggest home lenders, is cutting employees in Florida, Ohio, Arizona JPMorgan Chase is planning layoffs in its mortgage division weeks after... — read more 

SELF SERVING MANAGEMENT

Where are the Leaders accountability to the rest of the organization to create trust and establish their own credibility? WHAT IS THAT THEY DO? just changing Org names, and changing job titles and get paid like no one else?, that is all they do. Come... — read more 

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| 1620 views | | 6 replies (last October 11, 2018)
Post ID: @OP+Vt80w0x

Disgusting how they pick specific employees to layoff

I just had a death in family, showed up to work after a day and got laid off when they knew I lost a loveone, they still did not wait a say or two. Boss told me 4weeks ago thanks for being a top performer and doing a great job for us and now all... — read more 

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| 2620 views | | 7 replies (last March 26, 2019)
Post ID: @OP+Vs8RbOu

Chase layoffs violate the law

A total mass occur and mortgage servicing and a fall today. However Chase is violating the law. They gave people a 45 day working notice and some people a 45 day nonworking notice however due to the amount of employees that were laid off under the... — read more 

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| 5460 views | | 14 replies (last October 11, 2018)
Post ID: @OP+VrjGwQ7

It will get worse

Look at what happened to Fraud in New Jersey. A bunch of qualified good workers lost their job because they “cost too much” then they move the site to TX and proceed to replace them with lower level yokels who were from mortgage. Its a sham and a... — read more 

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| 1443 views | | 3 replies (last October 4, 2018)
Post ID: @OP+VrnbGPR

These layoffs are a nightmare

The way JPMC is doing layoffs is a nightmare, the strategic solution is to cut to the bone, I have direct knowledge that many managers don't know who will be leaving, but the decision was already made by the HR bean counters, but when layoffs are... — read more 

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| 2281 views | | 5 replies (last October 2, 2018)
Post ID: @OP+Vn44t2c

Phoenix - October

Word on the street is Phoenix is going to see another round - 2nd this year, in October.

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| 1360 views | | 4 replies (last October 3, 2018)
Post ID: @OP+VmIp8kE

You were warned.

they’ve moved to import an estimated 37,000 foreign workers through the H-1B visa program since 2014, eorking the H1-B visa system to its benefit and to the detriment of its U.S. workforce, but it is perhaps the best at gaming the system. hiring and... — read more 

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| 1220 views | | 1 reply (September 28, 2018)
Post ID: @OP+VlM33Om

Chase call center in arlington

Chase managers kept saying that we as a location would be moving to two different sites and then they called everyone off the phones to say the decision had been made to close our site and that no one would be relocated. WTF.

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| 3010 views | | 5 replies (last January 3, 2019)
Post ID: @OP+VlnpOg4

How to protect yourself from PIP?

An excellent way for the company to get rid of you without paying your due severance. How can one protect oneself from this unethical practice???

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| 10740 views | | 8 replies (last June 14, 2020)
Post ID: @OP+VjMgZrl

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