JP Morgan Chase to trim 4,000 jobs

Feb 27, 2013 Full story: Dallas Morning News 9

JPMorgan is trimming about 4,000 jobs, or about 1.5 percent of its work force, becoming the latest big bank to shrink its staff.

Read more
waiting on the news from

New York, NY

#1 Feb 27, 2013
ok, so i work for chase and we were all a bit lost when we heard, i hope and pray that its not me, but if it is then i hope it comes with a package.
jjj

Orange Park, FL

#2 Mar 4, 2013
I'm in florida and no one is saying anything.
Lost

Batavia, NY

#3 Mar 11, 2013
I was in Albion and they laid off people who made the most, who was there the longest and the best workers. Oh I am sure it also mattered if the head manager liked you or not.
Waiting

New York, NY

#4 Mar 12, 2013
I currenlty work for Chase in Mortgage Banking and who knows what's going to happen. Some same
we're all going to get laid off some say we're safe, some say if we do get laid off they will place us.....
jjj

Orange Park, FL

#5 Mar 12, 2013
so they have already laid off in new york? was this mortgage banking??
Enlightened

Raleigh, NC

#6 Apr 4, 2013
Ha Ha! They got you to do their dirty work then they give you the boot. I hope the whole company shuts down.

“Here comes the big one!”

Since: Sep 10

Anonymous Proxy

#7 Apr 8, 2013
Hi.
FACEPALM

New York, NY

#9 May 8, 2013
Stop being retarded. They're doing this through attrition. Rather than terminating people, they will not replace unncessary positions once the person quits, mostly in the mortgage sector that are otherwise being offset by decrease in demand for Refinances, and work that is being replaced by convenience online.
Hotrodsduo

La Mesa, CA

#11 May 14, 2013
Unfortunately, attrition will not account for THAT many jobs. People are not leaving at that rate. The recent layoffs evidence this.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

JP Morgan Chase Discussions

Title Updated Last By Comments
Philippines JPMorgan HR (Oct '09) Feb '15 YOU FAILED 45
News Fee Cut, Lower Rates Could Boost Mortgage Refin... Jan '15 scirocco 30
News Bank Companies Succeed Despite Global Economy C... (Mar '12) Jan '15 dariusrickard 4
News Financial Business Review: Discover Wants Some ... (Jul '12) Dec '14 dariusrickard 31
News 5 Things to Know About Big Banks, the Federal R... Nov '14 Andarz Abedini 5
News First Take: Bank of America CEO just can't win (Sep '12) Oct '14 williamscharles71 4
News David Weidner's Writing on the Wall: Is the 'bo... (Sep '14) Sep '14 Bigjoe 2
More from around the web