Almost 10,000 people will be cut in 2014. Hits are on the consumer and community banking side - the interest rates are doing up and there will be less loans to be provided here. Compliance will be hit too. We still have 250,000 employees though, but... — read more 

We know what's happening today and what's planned

Business Project Managers/PMO - Asset Management are under review. That's all what I heard, I do not know how serious or valid this is. Also, we always have layoffs on the trading side.

Any news on this - I hear that big cuts and reorg is immanent? Any news?

What to expect next year? I do not to speculate right now but I hear many rumors that IT group will be hit big time and that there are major outsourcing deals that are being discussed right now. Our executives are unpredictable but it seems that we... — read more 

Four thousand of JPMorgan's job cuts are expected this year, and some 13,000 are expected from its mortgage unit in 2014. CEO Jamie Dimon tried to underplay the layoffs, saying, "No one at JPMorgan ever, ever worries about losing their job because... — read more 

All right! I didn't get laid off! Commercial banking analyst who loves using J.P. Morgan Chase on his resume but does not pass out business cards because they just say 'Chase' and make him look like a bank teller.

A close friend of ours got laid off this week. She's a single mother who has supported her kids for ten years on a fifth-tier Wall Street paycheck, despite the worst efforts of her deadbeat ex. If she doesn't find a comparable job within 6-12 months... — read more