Thread regarding JPMorgan Chase & Co. layoffs


7/27/17

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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25 replies (most recent on top)

I hear ya!

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lol the company pays PR shills for damage control and its evident in this thread that they are reading your posts. In case you are reading this, you wont be able to hid behind your corporate veil of political correctness forever, capitalism will fail and you WILL be the first to be strung up.

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Try keeping your posts kosher, guys, naming names and using derogatory language is not allowed here. Site admins remove your posts and block you from posting any further. Can check their rules if you scroll down to the page bottom.

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Good to know that the moronic behavior of the internet is not lost on Banking professionals. Anonymity holds such perfect conditions for insanity to breed. Chase provides a 45 day notice, severance package, and usually does a decent job of helping associates find a new internal role. If YOU don't take finding a new spot seriously, they won't either. If YOU didn't perform in your last job, and don't have references, they won't have much to work with. Just keep in mind there are 100 people waiting to replace you at any given time. The person that posted the last comment should be ashamed, whether trolling or serious.

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*You're lol

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Sounds like the poster below me is a shill and s---s corporate c---s on the regular. This company has been making RECORD PROFITS sincevthey were bailed out by the tax payers and instead of thanking the people that make it happen they toss them into the street!

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It doesn't matter if you've been there 10 years. If you aren't the best or if your job doesn't exist anymore, tough. This happens at all companies. You can't work for a company that is out of business or bankrupt. This is economics in action - markets adjusting.

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Sounds like a lot of people are confused about why they were laid off. Layoffs happen to resize the business - default mortgage is shrinking, the company doesn't need as much manpower in that dept anymore and everyone has 45 days to apply to other depts internally.

It doesn't matter if you've been there 10 years. If you aren't the best at it or if your job doesn't exist anymore, tough. This happens at all companies. You can't work for a company that is out of business or bankrupt.

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Does anyone know if layoffs are continuing today?

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I'm disappointed to have been one that was laid off. I can't understand how they picked who would go. I want performance based. One team have all relationship coordinators let go. Perhaps some will get an internal position. Rude after posting a 7 billion profit in second quarter. Is chase going out of the servicing business?

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Doubt that comment came from the real witch herself, HR would have already contacted you by phone and or email.

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If you are on medical leave how will you know if you were let go? Per vp comments i am curious how will they determine who is abusing fmla? Sounds like a lawsuit waiting to happen to me. Also congrats to the person that went off i applaud you

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Layoffs. 45 days to post internally, then severance. Phx uw under Jeanne should be done now.

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A bunch of CSS reps in Lewisville were notified today. I'm sure more will come tomorrow.

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layoff or fired?

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Phoenix is done, they just hit a bunch of people even after management said we were "safe". Worst part about it its, these crooks make record profit and revenue every quarter and have since they were bailed out by US the taxpayers yet still find the need to eliminate jobs because they want to outsource the work to the Philippines and India for even more money. Greedy f---s!

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WILL THERE BE MORE CUTS IN PHOENIX TMMRW 7/27/17?????

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Anything about home equity collections in Lewisville????

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Shoc default mortgage banking

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Fraud/FCOI/Tempe

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Which office??

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People are getting fired left and right in Phoenix right now.

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People being notified one by one in phx right now.

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Jacksonville was hit today. Sad. Hope it wasn't too bad in other states. I thought Chase was done with layoffs last round.

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Phx uw mmanagers and sups all just suddenly met, but no one is saying anything.

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The cuts have started early! Today is the day cuts in Jacksonville Lewisville and Phoenix

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Which locations? Anything in Phoenix?

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