I was part of a project prior to leaving the bank 2 years ago to calculate the cost of each location from salary to rent to the cost of the telephones. The Rochester building was bleeding money. It cost so many Tampa folks their jobs and they were... — read more
JP Morgan Tampa hired Tata Consulting to replace their American employees.
As I understand, Tata was thrown out for incompetence; replaced by Congizant, another Indian replacement firm. http://commdocs.house.gov/committees/intlrel/hfa91679.000/hfa91679_0.htm#106
ROC still open?
They closed offices 3 years ago which they were leasing when the Rochester building was the biggest expense but they owned it and that is a dying or already dead town. They couldn't sell it. They finally did sell most or all of it but still have... — read more
The problem with JP Morgan
I worked for JP Morgan for many years and recently left due to the toxic nature that managers have towards employees. This is not across the board but I definitely saw a large amount of it. I was a skilled project manager working for other large... — read more
Internal transfer
If you happen to be lucky and gain internal transfer they will continue to pester you and use implied threat techniques to force you to say you are transferring to help better yourself. If you say it is because of the manger they will either attempt... — read more
Coppell and Lewisville TX
Coppell, TX 1 AVP, 10 sups and all the collectors @ 100 agents 30+ Customer Assistance Specialist Lewisville, TX Rumor: Unknown number of Customer Assistance Operation Specialists Rumor: Unknown number of Foreclosure Specialist Rumor: Avp, Sups in... — read more
Back in Feb there was a rumor that 300 Branches (5%) will be closed this year
Anyone knows if we closed any branches?
September 17th Layoffs - Chase
I'm in Garden City and we were told that the next announcements are going to be made on September 17th. Well, it is 9/17 Already... Any news
Laid Off in May
I too was laid off at the end of May after almost 10 years at the bank, the benefits were great, the work environment was not. There basically is no incentive to take a supervisor position at the company because it puts a target on your back, and you... — read more
The branches are a communis government.
I've worked at Chase for 4 years I have been trying to become an ltos for a year and 2 months but according to the ltos former abm and bm I'm not a good investment yet. The managers decide your career.
Chase opening more branches down south
http://nypost.com/2015/07/21/jpmorgan-plans-to-invade-dc-with-chase-branches/
get prepared ----------
salary caps were given to mid level management last week in auto collections ----------- from collectors to team leads to supervisors ------ if you are one of the many who have been told 'sorry no raise this year, you are capped out" ------ be... — read more
Delaware Layoffs 2015
Do you have any updates about layoffs in Delaware?
COST REDUCTION = Layoffs
for all of you who are so worried about your jobs..........be proactive............this company does not want you......read the companies press releases.........you are US based and you are not wanted............it is called COST... — read more
I was laid off a week ago
i was laid off a week ago. vp in card services. not sure about any other details. frankly, i'm happy to be leaving. the most boring 3 years of my working life were spent at chase. not a bad company in terms of benefits but a terribly hypocritical one... — read more
5000 to be laid off
What do we know about the announcement so far?
Auto Finance Layoffs
Auto Finance is cutting putting, received my layoff notice the day I came back from medical leave, our collections side is affected as well.
Retirement is joke.
I worked enough years to retire from Chase. Need insurance to tide me over until Medicare eligible however just to cover me reitrement insurance is $1066 per month. It is supposed to be 102% of actual cost which would make actual cost $12,541 per... — read more
FINANCIAL ADVISORS CONTINUE TO GET ROBBED AT THE BANK
HOW MANY CUTS IN THE GRID CAN I TAKE BEFORE I BECOME HOMELESS. THEY EVEN WANT US TO OPEN ACCTS AND TRADE ACCTS THEY WON'T PAY US FOR IF THE ACCOUNT IS UNDER 50K, THEY EVEN KEEP THE COMMISSION TOO!!!!! I TELL YOU WHAT BUDDY. YOU PUT YOUR LICENSE ON... — read more
There is a BETTER LIFE after working at Chase!
I was laid off a year ago (2014) - and no - I was not a "less rated staff" or an under-performer, but rather an over-achiever (met or exceeded performance expectations). My area of the company saw 4 other city locations close and the work shuffled to... — read more
Auto Underwriting Layoffs
Anyone has more details?
Garden City Office Closing
I am in Chase Auto and we were told earlier this year that our lease is up in the Garden City office. Looks like every quarter HR is here and announcements are made. The majority of the jobs are moving out of state and the rest of the employees... — read more
Check your states WARN notices
You can look up impending layoffs by Google searching WARN 2015 plus your state. Most states have this and chase shows up a few times in the couple of states I've researched.
Auto / Collections Division moving the Philippines
Layoffs are happening for sure, our jobs are being shipped overseas
Chase Branch Closures 2015
Chase will 300 bank branches in this year, that's 5% of all branches, you can expect this trend to continue for very long time, you can bet that we'll end up with 50% less branches in a 5 to 10 year period. Everything is going digital, people are... — read more
5 to 7 Percent of JPMorgan Chase Workforce to be laid off
Jamie Dimon has a plan, massive workforce cuts, this always works well in short term, the stock will skyrocket, he'll collect massive bonuses and then leave. 5 to 7 Percent of JPMorgan Chase Workforce to be laid off. We will all suffer, executives... — read more
More layoffs comming
Expect more layoffs coming soon as they rearrange the deck chairs on this titanic during the never ending re-org. http://www.valuewalk.com/2015/03/jpmorgan-prepares-to-layoff-5-7-of-workforce-report/