LayoffsJul 14, 2020

JPMorgan San Francisco layoffs

I've been hearing indirectly that the firm's looking to cut headcount. Has anyone heard about concrete plans for the SF office?#severance #layoff

New
fdsss Jul 14, 2020

Which group?

JPMorgan Chase formerIB OP Jul 14, 2020

TS and GCB

JPMorgan Chase walkabout Jul 14, 2020

Sorry what’s TS and GCB?

JPMorgan Chase formerIB OP Jul 14, 2020

Treasury Services and Global Corporate Banking

JPMorgan Chase DaimeJimon Jul 14, 2020

Treasury is always cutting down and relocating SF is an expensive place and i heard that other locations are taking off for TS.

JPMorgan Chase nmpt6!9 Jul 14, 2020

I heard that they don’t want to lay-off during covid19 (reputations risk), but will after the immediacy of Covid19 is over.

JPMorgan Chase JstPllMtng Jul 14, 2020

There are multiple “exercises” through the year. I think most of them have been postponed due to covid, but will resume soon , I am sure

JPMorgan Chase erlV71 Jul 14, 2020

Many people are being put on PIPs in a way to get them out

JPMorgan Chase vUEH82 Jul 14, 2020

Sad to hear this. Luckily Trump’s H1B visa ban might ease the layoffs since Indian contractors will go back and forced to retain American employees. The nut did something good.

JPMorgan Chase odbts Jul 16, 2020

Indian contractors also hold H1B.

JPMorgan Chase vUEH82 Jul 16, 2020

Exactly

JPMorgan Chase smlx04 Jul 7, 2023

I’m going to be at the SF office on mission st. Is there underground parking for employees?