JPMorgan Chase & Co. Layoffs

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Topics regarding layoffs at JPMorgan Chase & Co.


A bunch of CSS reps in Lewisville were notified today. I'm sure more will come tomorrow.
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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.
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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
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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 and you'll notice that major cuts are... read more
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3689 views | 11 replies (last )

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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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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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
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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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100 layoffs today. More to come
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FCOI is about to get hit HARD (over 100 layoffs coming!)

They are going to consolidate their fraud investigations department with GSI and GFCC. This will impact almost 90% of I&R and over 50% of investigators. Layoffs will over by Q3 of this year. This is coming directly from Steve Iorio's office. I have... read more
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Chase Layoffs 2017

It's hard to see things getting better - are we going to have job reductions in corporate in NYC.
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The bigger picture even worse. /
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Chase laying off KYC (Know Your Customer) employees

After building up an entire management team of "Yes" men and women, they are laying off the entire Houston KYC force of employees, some of which have been there for many years. I don't know exactly how many, but in the 100's. The only good thing is... read more
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06/01/2016 Lewisville TX locations is going through a re-hire process resulting in 1000s of layoffs. From Sups to regular employees, they are changing lives. Ppl that have been with the company for 7, 13, 16 years; they are just letting them Go. Be... read more
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Chase card services layoffs -springfield mo.

Rumors been flying that all satalitte positions will be moved to the hubs where the teams are aligned. So if you don't report to LOB then you either relo or lose your job. Happening elsewhere as well within Chase. About 50 here to get ax. Anyone else... read more
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laid-off 10 I&R investigators

Chase just laid-off 10 I&R investigators today they have 60 days to find a job. First they lowball everyone in raises then let them go.
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Reduce Expenses Plan

Consolidate non-branch locations into strategic hubs Concentrate businesses with key partners Simplify business – streamline products Reduce mortgage and business deposit products Consolidate vendors
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18 strategic hubs

Anyone has a list?
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Can anyone confirm these RUMORS?

The Chase Credit Card Building will eventually just be a "FRAUD CALL CENTER". They have eliminated different departments over the last couple of years, and rumor has it that this will continue until all transitions are in place. Does anyone know if... read more
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Layoffs in NJ and OH

Layoffs today in Newport and Columbus. Jobs moving to Bangelore. Maybe JPM is afraid Trump will be elected and they need to get the jobs out of the US before he gets elected. They are dogs!
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Layoff's in KYC!

No clue it was coming, last week our team of 30 got "redeployed" to find out we are being laid off. Being added to the talent reassignment pool, for 60 days and if we dont find a job in that time we are out with our tails between our legs and a... read more
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1704 views | 2 replies (last )

Elgin closing

Elgin closing is the,buzz. Bieberman's organization going to Tampa is other buzz. Will pull from all locations n centralize.
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1430 views | 3 replies (last )

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