Thread regarding JPMorgan Chase & Co. layoffs

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 bank’ need from their developers – but I don’t want to work in finance any more, Leadership will tell we are a tech companies. Don’t believe them. Technologists here are second class citizens– Because of this, I know people who only found out how much they didn’t know about tech after they left banking. Banks need people who can write the code they’re told to write. They don’t need innovative problem solvers

So, now I’ve taken my coding knowledge to Google, The work here is more interesting: we’re trying to add value rather than just execute. There’s a lot less bureaucracy and I feel like I’m growing again. The money’s Is great. The only real question is why I stayed in big banks for so long.

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A culture of Self serving VP's and Directors

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Good luck! I need to jet too - minimal pay increases and rising outsourcing uncertainty - not sure if this is the place for me any more.

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Are you in Columbus? Perhaps EPV?

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There are some people tat have no business managing people, another day in hell

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Sound like the Columbus HUB

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JP Morgan to move jobs to Poland, “The world’s largest bank will have a headquarters here and will hire several thousand people in management, risk management and logistics, which is good as these are well paid jobs,” Morawiecki told public radio Trojka on Friday. “The deal is done."

UBS Group AG has set up a global hub in Krakow, while Goldman Sachs, which is planning to halve its London staff to 3,000 workers, will expand in Warsaw to “several hundred” people over the next three years, Handelsblatt has reported. Morawiecki said this year that Brexit could bring as many as 30,000 business service-sector jobs to Poland.

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How can you expect to maintain a low turn over rate of employees when the best they can hope for is they stay in long enough to burn out. Give your employees a level playing field, instead of shifting sand, for them to build a foundation upon and you will see better results all around.

I personally know people that were Layoff and their direct managers did not know anything about it, Forty-five days later they cut all contractors by 15% (ie they already knew the cut was coming before I got there, but made no mention of it, before hand ). About he same time they moved me off of the position that I was hired for to a new team where they needed a warm body (I had zero skills for this position).

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Agreed, Low on ethics, Unrealistic expectations from middle management. Sometimes, it does not appear to be meritocracy driven but the first impression is driven by those who benefits at the expense of others, sounds familiar? The Toxic Banking culture

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