JPMorgan chase is going to have layoffs starting next week. And they stopped sponsorships and currently those who need it were given poor ratings so they get RIF'ed the following quarter (aka reduction in force) They have been putting ppl on pips and have been given bad ratings to get rid of them on the next layoff rounds due to easy target. I have a feeling I might get laid off due to requiring sponsorship plus mixed directions on work and greatly feel like I've been thrown under the bus. Since my status will be nearing expiration, should I do any work since they clearly said "they will have to see if they want to sponsor me and there will be difficulties because the firm isn't willing to sponsor) What are steps i should take? ( im not on any pip or focus) I am prepping to gtfo but meanwhile in the company, should I work? Just lost all hope since they mentioned no sponsorship. Thank you for any tips! #about to be laid off #layoffs #sponsorship
When were the layoffs announced?
Will be announced feb 6th to feb 9th
Do you know of any specifics? Org, location, number of people, etc.
Sorry, I am a white fella
Okay, thats okay though Thanks for reading my post
NVIDIA 😒
So basically use and throw
Use and throw...?
Got it
That wasn't my q My q was how do I work till I need to get out?
Dude, start interviewing. Prepare a resume and start with WITCH companies. If you can get hired at JMP, you will be fine with mid tier companies.
Which Org you belong to?
CCB
Sorry to hear, I would refer you, but C1 is doing the exact same thing, and PiP quota is 15% every 6 months
You said no h1b renewal too. That would be thousands of people beyond 6 years. Are you sure
So h1b renewal as in those not on i140
JPMC is one of the financial institutions that is actually hiring although more slowly. In reorgs or culling of lower performers, you are no more targeted than a citizen. JPMC hit over 300,000 employees when it started trimming bloated organizations last year.
Because in some places there are too many of them. Too many people are managing and not enough to do the work. With more RIFs it will be even more obvious. I have 4 directs to report to, 3 VPs and 1 ED What bs Me > vp > vp > vp > ed > md
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What is a sponsorship?
Sorry Visa and gc sponsorship Im currently on h1b and time is running out
So 6yr completed on h1 ?