Default (CAS) is the lowest it has been in the many years I've been working for Chase Call volume and pipeline extremely/terrifying low We all know another lay off is coming 1st the underwriters and we're definitely next before the year ends. It's... read more
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Topics regarding layoffs at JPMorgan Chase & Co.
Looks like WFC is picking up your current Chief Tech Strategy Officer for a similar role. Good times ahead for us I'm sure.
This place is full of them of course the old white dudes at the executive levels dont give a c-ap they just do it to show the public they are a "diverse" firm but the rest of us get stuck with unqualified micro managers from bethune cookman smdh this... read more
Well, Jax florida were let go in correspondence area. More to come.
Batten down the hatches. Chase posts record profits then lays people off again. Trickle down economics at work
I see so many people here scared of layoffs, heck, I'm one of them, but I still keep coming back to one thing. Why would JPMorgan have layoffs amid one of the best second quarters we've ever have? Just check out the latest earnings call: increased... read more
I’ve seen among our teams that there's a growing intolerance of the non sense that is prevalent in our organization directed to APAC, while I do agree that we have terrible leadership, narcissistic bosses, a lack of a clear pathway to growth and... read more
Ask yourself a question - am I getting less and less work every day? Also, is some of my work going to APAC teams and why? It's likely you are getting the official party line narrative: all is fine, do a good job, nothing to worry about but in... read more
What does it say about current state of JPM if an employee who has been here for close to three decades is praying to be laid off? Literally praying to be on that list that's going to be announced tomorrow or any of the following weeks. It pains me... read more
Pack lite tomorrow 7/18/2018. Default hammer is set to fall.
Do we know anything new about when the next round of layoffs will be?
There were some pretty significant job losses in the U.S. banking sector. The six largest banks in the U.S. gave about 8,000 employees their pink slips during the quarter, the biggest decrease in the banks’ combined workforce in two years, according... read more
Courage is key for setting healthy boundaries in toxic JP Morgan, and finding your way out of one. Do all that you can to surround yourself with people who lift you up instead of drag you down. and believe me I do know this company culture, lots of... read more
JP the biggest winner of the recent Republican tax bill. One analysis found that the sector will receive $249.4 billion in new tax breaks over the next decade under the bill, and are projected to receive over $100 billions in benefits. JP have... read more
Employees with 10+ years experience are quitting left and right. Somehow this is not a wake up call to management. The employee survey was so bad in my department they decided not to talk about it like it never happened. The ship is sinking. Exactly... read more
How to remained at J P. if you are part of the management swamp? Here we go again one sport that all managers here play the most: The Game of reorganization, Whether triggered by a leadership transition, or a fundamental change in the business, which... read more
Any updates on layoffs at DFW. Any info is appreciated. All the best, XOXO
Chase just laid off at least 15 people in the mortgage department in Cleveland, OH and more are expected. Just another example of how they pretend to care about employees but really do not. They constantly layoff at immediate convenience to... read more
How can people work in regulators like SEC or FINRA immediately join big banks like JP Morgan / Bank of America / Citi without a garden leave?
Can we just get layoff info? Nobody cares about drama queens!!! Anyone please state dept. state of you hear information
More to follow as 60 have been given notice that they gonna be cut in june from the investigation department for compliance.
Has anybody else heard default operations will transition to Manila in 2019?
130 people being cut as we speak from home equity.
What dept have been impacted this last week? It’s happening and beyond our control but it would help with more detail when you comment! Anyone hear more will happen after 1st quarter ends?
Way to go Sorensen and co. You’ve completely decimated local support. You’ve managed to wreck and ruin the top quality that was once provided to call centers and outsource to Argentina which provides garbage level service. You should be fired... read more
What is being said about managers at JP Morgan? unfortunately fall into this category – they are self serving. Many fail to lead, they just manage. Many fail to lead by example, they believe others follow because they are the managers, Take for... read more
a. there are way too many business and operation people in front office. b. too many tech debts which caused the fragmentation of trading systems c. need to use more open source or commercial products
They’re going to lay off more people soon. But let’s be honest... the service from Argentina s---s and everybody know it except for the clueless leadership in gti... actually they may not be so clueless... they may just not care. But they’re lying to... read more
Lots of layoffs in 2018! Care to elaborate? I've seen similar posts in several threads on this board, but none of them give any actual info or sources, which makes them seem like alarmist trolling more than anything else. Is there any actual info you... read more
I tried a contract job as a pricing analyst there. Was suppose to be a 6 month contract with a potential to perm. I lasted two months. Why. It was a new client that just arrived at JPM. 40 people on team. I worked on money market pricing. 3 feeds 8... read more
JP Morgan don’t develop their workers and don’t hire internally, the constant turnover ultimately sends a message to us the employees. For the Past 2 years this process has accelerated and will intensify during the next several years thanks to the... read more
Do you think that executives will make a decision to cut people in NYC.
Morning Coffee: The 2017 pre job cuts have begun and they’re happening here and you will be reject you unfairly, when they announce bonuses in January, surplus staff are dismissed early in the New Year. That will be the time when the pink slips fly... read more
Well they are in process of another lay off on 10/26/17 and they hold you hostage and refuse to give you a date of departure! They said because of business needs. They want to use you so when people take leave from all the stress and holidays they... read more
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
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.
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
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
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