Topics regarding layoffs at JPMorgan Chase & Co.

Topics regarding layoffs at JPMorgan Chase & Co.

Making ends meet

I was in tech for almost 2.5 years. I worked very hard but unfortunately I was laid off not too long before the hurricane. Life has been rough without income to pay rent. I resorted back to my college days dancing at the gentle men's club. It's tough... — read more 

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| 2160 views | | 4 replies (last March 7, 2018)
Post ID: @OP+PJhyXqz

Chase Outsources

I'm glad I retired when I did. Even in 2015 I was training people in Manila to do my job before I left. Chase outsources so many positions overseas.

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| 1154 views | | no replies yet
Post ID: @OP+PGvRSkW

Commercial Credit Specialist

I was at the company for 20 years. I spent the last 7 years in the commercial card area as a credit specialist. The last 3 years at this company was nothing more than a nightmare. The management was not able to handle being audited. They were... — read more 

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| 1541 views | | no replies yet
Post ID: @OP+PFDQoXh

Take off to be a caretaker, fired!!

My career at Chase lasted 4 years, my husband of a year was diagnosed with Leukemia, I took family leave to be with him as he died, my reward was to be terminated by Chase, losing his insurance coverage, my 401k, stocks, and JOB! Thanks a lot.....I... — read more 

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| 1970 views | | 1 reply (November 26, 2017)
Post ID: @OP+PDDMzUb

Nearly impossible to move up

Anybody actually managed to move up here who's not Ivy League? You can move around lateral positions, but upwards, not so much. So basically, the pay you get when you are originally hired'll stay pretty much the same until you either quit or you're... — read more 

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| 1732 views | | no replies yet
Post ID: @OP+PBNo1LD

Mistreatment of employees

JPMorgan's treatment of their employees is among the worst I have encountered in my over three-decades long career. Employees are being degraded and devalued by their managers continuously, with no real recourse (HR is a joke.) I have seen many good... — read more 

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| 2420 views | | 4 replies (last October 12, 2017)
Post ID: @OP+PBnLkjr

Laid off multiple times

I worked there for 35 years when they laid me off the first time. I received a severance package for 15 months and 2 weeks before it ran out they called me back for a different job in the bank. I worked for 3 more years and got laid off again when... — read more 

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| 2313 views | | 1 reply (October 5, 2017)
Post ID: @OP+PBsQ4A4

"I'm against all outsourcing"

"I'm against all outsourcing": And one of the first things Dimon said after the Bank One merger was "I'm against all outsourcing" and proceeded to cancel IBM contract. My entire department was outsourced to Mumbai in 2008, 4 months before I was... — read more 

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| 1810 views | | 1 reply (October 5, 2017)
Post ID: @OP+PzApRA7

Laid Off Twice, Now Retired

I worked there for 35 years when they laid me off the first time. I received a severance package for 15 months and 2 weeks before it ran out they called me back for a different job in the bank. I worked for 3 more years and got laid off again when... — read more 

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| 1774 views | | no replies yet
Post ID: @OP+Py6lDWv

JPM Chase DFW Layoffs Two Years Ago

I was laid off in September 2015. About 1,000 employees were laid off at that time. The hits were fairly isolated to Global Technology & Infrastructure (GTI). At that point in time, GTI was about 50 Million over budget – hence the cuts, we kind of... — read more 

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| 1700 views | | no replies yet
Post ID: @OP+Pxuy00h

GTI Screwing people again!

If they offered you a package and you didn't take it... it may be too late. Now GTI is outsourcing and will either off you a position as a contractor or they'll cut your position with NO SEVERANCE... because they offered you a job. What slimeballs.

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| 1294 views | | no replies yet
Post ID: @OP+Pu84BeN

How many will be laid off due to Poland move?

Now that JPMorgan is opening an operations center in Poland with thousands of jobs being "created" there, when do you think we will hear of the next round of "completely unrelated" layoffs? Or do you think they will just continue doing what they have... — read more 

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| 1770 views | | 2 replies (last September 26, 2017)
Post ID: @OP+PrkFh4b

Bye JP, hello Google !

4 years working here, I’m taking my development skills to Google, It’s banks’ loss. I can work across Python, Spring, Java, Jenkins, Sybase and more. I know markets. I understand risk. I’ve been through the training programs and I understand what... — read more 

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| 2020 views | | 8 replies (last October 3, 2017)
Post ID: @OP+PoKuEPW

Phoenix is OVER!

Phoenix is done, they just hit a bunch of people even after management said we were "safe". Worst part about it its, these crooks make record profit and revenue every quarter and have since they were bailed out by US the taxpayers yet still find the... — read more 

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| 2032 views | | 2 replies (last September 22, 2017)
Post ID: @OP+Pmeaitj

9/11

Never forget

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| 1160 views | | no replies yet
Post ID: @OP+PdVeMGf

Automation is coming, and it will cost jobs

It's all fine to say GTI automation is going to steal lots of jobs but to anyone who works in software testing, the big question is, who's going to make sure that the automation works well? Anyone who's ever worked on a software project knows that... — read more 

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| 1700 views | | 4 replies (last September 12, 2017)
Post ID: @OP+P7PkGWl

More layoffs for GTI

So they told us in June that they didn't think there wouldnt be anymore layoffs for the rest of the year but now they're saying there will probably be some more. GTI s---s and their head is so far up their own asses that they don't care. The upper... — read more 

Riddle me this...

ADP says American companies can't fill the roles out there with the limited number of Americans. Yet there's massive and chronic layoffs I call B S on this report The companies REFUSE to invest in training or work place education Has ZERO to do with... — read more 

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| 1610 views | | 7 replies (last September 11, 2017)
Post ID: @OP+P1GRmuO

Taking credit for somebody else's work

There’s nothing more infuriating than someone taking credit for your work. I see this more and More We lead a long overdue project to completion and our boss tells the higher-ups it was his doing. How should you handle these situations? Is it okay to... — read more 

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| 1530 views | | 3 replies (last September 24, 2017)
Post ID: @OP+P1AD3gY

Firing older employees for cheaper ones

In the department I'm in they fired a whole bunch of people in Phoenix/Tempe in July and hired a whole bunch of people to do the exact same work in Tampa. If JPMC thinks they can fire a whole bunch of people and pay people less to do the same job... — read more 

JP Morgan layoffs in September?

JP Morgan Chase every year has been laying off top talented people, stating there is no work, and making people work over time with not paying them over time benefits. They lay off people around 64 years old, and with the company over 30 years. There... — read more 

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| 4870 views | | 12 replies (last September 6, 2018)
Post ID: @OP+OIMvVWc

Lay Offs Not Performance Based

For years I was the best on my team. My skill ranks among the highest in Information Technology. My manager laid me off because he is afraid of my skills might be higher than his. I basically ran the team and was the brains. Lucky another team... — read more 

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| 2860 views | | 9 replies (last October 6, 2017)
Post ID: @OP+OvPKW32

July layoffs at JPMorgan

They just announced the 406 level employees are being laid off today for this department even after the director looked everyone in the face after getting wind of the original post on this site and said noone is losing their jobs. Lol these crooks... — read more 

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| 3170 views | | 2 replies (last August 10, 2017)
Post ID: @OP+OtidR7b

Anxiety and worry over potential job losses

Seems like a ton of anxiety and worry over potential job losses. I will give my best advice (whether you work at Chase or not) Corporations are not your friend, parent or caregiver. it is a transaction, not a 'relationship'. You provide a service in... — read more 

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| 2140 views | | 3 replies (last August 4, 2017)
Post ID: @OP+Os84F5Q

Lewisville

A bunch of CSS reps in Lewisville were notified today. I'm sure more will come tomorrow.

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| 1271 views | | no replies yet
Post ID: @OP+OsODMA3

7/27/17

The next round to hit default mortgage will be 7/27/17. The are about to do another round and a bunch of restructuring. Hold on ladies and gentleman the ride is about to start.

JPMorgan Chase Hiring Interns

JPMorgan Chase having been bringing in a lot of interns recently. I was informed by a senior management to teach and train them well. This is since the goal is to get rid of the seniority with high paying salary and replaced them with the young... — read more 

Chase Mortgage Layoffs

I am surprised that there are no updates here on Chase Mortgage Layoffs. All major companies are having large layoffs right now, just go check out Bank of America and Wells Fargo, right here on layoff.com and you'll notice that major cuts are... — read more 

No more Chase cards for me (former employee)

Chase called to see why my balances had increased. Explained that I moved my mother into my house full-time with added expenses and that I had assumed some of her debt. Their response was to cut my available credit.

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| 1395 views | | no replies yet
Post ID: @OP+N1V1NIB

Chase doesn't care about their Customers either

Not only does Chase not care about their employees, they don't care about their customers either. They close accounts randomly for no reason expecting their customers to be loyal and stick around. I will definitely be looking at another bank to... — read more 

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| 1430 views | | no replies yet
Post ID: @OP+MQIuLII

Mohamod

JPMorgan Chase laying off more that 100 GTI employees due to the just cost cut and sending to INDIA for labor cheap and asking employees to give training and documentation of the work. This bank is advertising as number one in private sector in world... — read more 

More GTI Layoffs coming. A lot more.

Your jobs are being sent to Argentina and robotics... A.I. They are totally removing the human element from I.t. Support. The management doesn't care 1 bit about the level of service provided.

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