I’m hearing more to happen in Mortgage in October within Plano, true?

QC letters and uw and call center 8n Lewisville got aced along with business analyst teams a month ago and day before in Lewisville. Jobs going to AZ come 2019 of Jan FNMA will not be leasing in downtown Chase bldg anymore so they have to let go... — read more 

Not sure why no posts here but there are layoffs at JPMC Custody Services. Some folks with very long tenures were let go which leads me to believe they wanted to go after better paid resources - and this will continue as we are in a race to the... — read more 

JPMorgan Reports Earnings Amid Mortgage Staff Cuts By Richard H. Suttmeier | Updated October 9, 2018 — 9:15 AM EDT JPMorgan Chase & Co. (JPM) is the largest of the four "too big to fail" money center banks and is the only major bank in the Dow Jones... — read more 

Some Employers shed jobs due to the lack of growth but in JPM's case the offshoring of American jobs continued, overall an estimated 90,000 core technology jobs in September, reversing IT employment gains from the previous month, while job postings... — read more 

CAS layoffs in Jax just happened

107 pink slips in San Antonio Lynn Brezosky | on October 5, 2018 Photo: Scott McIntyre /Bloomberg IMAGE 1 OF 21 JPMorgan Chase & Co. is laying off 107 San Antonio employees as it relocates its Banker Support Division. >>>See which other businesses... — read more 

The Wall Street Journal MARKETS JPMorgan Chase Laying Off About 400 Mortgage Employees Chase, one of the biggest home lenders, is cutting employees in Florida, Ohio, Arizona JPMorgan Chase is planning layoffs in its mortgage division weeks after... — read more 

I often write code to complete tasks, but what if the person automates their entire job? I found about a dozen programmers here who have either written code to handle most or all of their job. and told no one, In my case I automated my entire job... — read more 

Where are the Leaders accountability to the rest of the organization to create trust and establish their own credibility? WHAT IS THAT THEY DO? just changing Org names, and changing job titles and get paid like no one else?, that is all they do. Come... — read more 

I just had a death in family, showed up to work after a day and got laid off when they knew I lost a loveone, they still did not wait a say or two. Boss told me 4weeks ago thanks for being a top performer and doing a great job for us and now all... — read more 

All gone as of 11/30/18. Thanks for the JIT for Christmas layoffs....d---s.

A total mass occur and mortgage servicing and a fall today. However Chase is violating the law. They gave people a 45 day working notice and some people a 45 day nonworking notice however due to the amount of employees that were laid off under the... — read more 

Look at what happened to Fraud in New Jersey. A bunch of qualified good workers lost their job because they “cost too much” then they move the site to TX and proceed to replace them with lower level yokels who were from mortgage. Its a sham and a... — read more 

A lot of this is software catching up to the logistics that is now possible due to the improvements in data infrastructure. External calls were the first to be consolidated. Everyone has sat on hold waiting for the next available..... Internal is... — read more 

The way JPMC is doing layoffs is a nightmare, the strategic solution is to cut to the bone, I have direct knowledge that many managers don't know who will be leaving, but the decision was already made by the HR bean counters, but when layoffs are... — read more 

Word on the street is Phoenix is going to see another round - 2nd this year, in October.

they’ve moved to import an estimated 37,000 foreign workers through the H-1B visa program since 2014, eorking the H1-B visa system to its benefit and to the detriment of its U.S. workforce, but it is perhaps the best at gaming the system. hiring and... — read more 

Chase managers kept saying that we as a location would be moving to two different sites and then they called everyone off the phones to say the decision had been made to close our site and that no one would be relocated. WTF.

An excellent way for the company to get rid of you without paying your due severance. How can one protect oneself from this unethical practice???

These kind of things make me sick. Constant layoffs were not enough, and apparently they have to lay off whole units at once. From what I've seen here it’s happening at other locations as well, so it’s hard to believe that this is an isolated event... — read more 

The next round of cuts will be next week and will look like nothing you have seen lately.

JPMorgan Chase reaches settlement in race case The largest U.S. bank agrees to pay $19.5 million to members of class-action lawsuit alleging racial discrimination that's 'uniform and national in scope' Sep 4, 2018 @ 10:19 am As racial diversity... — read more 

NEW YORK: An Indian citizen, who was the CEO of two information technology companies in the US, has been arrested in connection with a multi-year visa-fraud scheme involving forged and fraudulent documents to get visas such as H1B for over 200... — read more 

Some employees get raises as JP continues to trim the workforce JP Morgan was among the top beneficiaries when Republicans slashed corporate taxes in December to stoke the U.S. economy. So how are the nation’s largest financial institution treating... — read more 

Thanks Jamie Dimond! the tax scam worked!! JP Morgan asset management layoffs account for 1% to 2% of division, JPMorgan Chase & Co. is in the process of laying off around 100 employees in its asset-management division as the bank makes staffing... — read more 

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 

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