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
The swamp
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
DFW
Any updates on layoffs at DFW. Any info is appreciated. All the best, XOXO
JPMorgan Chase Bank layoffs in Cleveland, OH
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
Conflict of Interest
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?
May 2018
Can we just get layoff info? Nobody cares about drama queens!!! Anyone please state dept. state of you hear information
60 cut in jersey city
More to follow as 60 have been given notice that they gonna be cut in june from the investigation department for compliance.
Default
Has anybody else heard default operations will transition to Manila in 2019?
Lewisville TX
130 people being cut as we speak from home equity.
More GTI Layoffs today
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
Management Lesson 101: Failure to Lead
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
problems with electronic trading
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
If you work for GTI get ready for another round!
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
Incoming layoffs at JPMorgan
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
Be careful with Chase
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
The constant turnover at JPMorgan will cost it in the end
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
Chase Layoffs 2018
Do you think that executives will make a decision to cut people in NYC.
4th Q LAYOFFS
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
October 26 layoffs at JPMorgan
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
Making ends meet
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
Chase Outsources
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.
Commercial Credit Specialist
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
Take off to be a caretaker, fired!!
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
Nearly impossible to move up
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
Mistreatment of employees
JPMorgan's treatment of their employees is among the worst I have encountered in my over three-decades long career. Employees are being degraded and devalued by their managers continuously, with no real recourse (HR is a joke.) I have seen many good... — read more
Laid off multiple times
I worked there for 35 years when they laid me off the first time. I received a severance package for 15 months and 2 weeks before it ran out they called me back for a different job in the bank. I worked for 3 more years and got laid off again when... — read more
"I'm against all outsourcing"
"I'm against all outsourcing": And one of the first things Dimon said after the Bank One merger was "I'm against all outsourcing" and proceeded to cancel IBM contract. My entire department was outsourced to Mumbai in 2008, 4 months before I was... — read more
Laid Off Twice, Now Retired
I worked there for 35 years when they laid me off the first time. I received a severance package for 15 months and 2 weeks before it ran out they called me back for a different job in the bank. I worked for 3 more years and got laid off again when... — read more
JPM Chase DFW Layoffs Two Years Ago
I was laid off in September 2015. About 1,000 employees were laid off at that time. The hits were fairly isolated to Global Technology & Infrastructure (GTI). At that point in time, GTI was about 50 Million over budget – hence the cuts, we kind of... — read more
GTI Screwing people again!
If they offered you a package and you didn't take it... it may be too late. Now GTI is outsourcing and will either off you a position as a contractor or they'll cut your position with NO SEVERANCE... because they offered you a job. What slimeballs.
How many will be laid off due to Poland move?
Now that JPMorgan is opening an operations center in Poland with thousands of jobs being "created" there, when do you think we will hear of the next round of "completely unrelated" layoffs? Or do you think they will just continue doing what they have... — read more
According to this news article I now realize that my layoff never happened, Liers!
More hiring rather than firing) And then,why would you want to make cuts when your people are very, very special. “Our people are our most important assets – and they are exceptional,” says Jamie Dimon. “…We all owe them an enormous debt.” Would you... — read more
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... — read more
Phoenix is OVER!
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... — read more
9/11
Never forget
Automation is coming, and it will cost jobs
It's all fine to say GTI automation is going to steal lots of jobs but to anyone who works in software testing, the big question is, who's going to make sure that the automation works well? Anyone who's ever worked on a software project knows that... — read more
More layoffs for GTI
So they told us in June that they didn't think there wouldnt be anymore layoffs for the rest of the year but now they're saying there will probably be some more. GTI s---s and their head is so far up their own asses that they don't care. The upper... — read more
Directors & VP's year end bonuses are tied to how much money they saved the company
We have seen lots of American jobs disappear in our city, our group was decimated to 2, while Most senior Directors and HR representatives encourage legal immigration wishing to see the economy grow with more cheap labor, it is their rational that... — read more