Curious to know Wepay stability status. Does it have lay off history or may have lay off in incoming months? #wepay
Sounds like Wepay does have this trend? …
Job wise it's pretty stable. No one can say, but being part of jpmc helps with stability. But it's a question of whether you really wanna work here. There is a lot of negativity floating around. Benefits and everything might even be better than wish, but everyone is talking bad about something here. You'll catch on to it soon. Tbh the real problem is you're a tiny part of the big jpmc system and they don't care about you, and that might bug you since they don't value you
Thank you so much for providing this context! Glad to hear job security is good at Wepay and also thanks for sharing other insights! In some post it talks about reorg after leadership change. Good thing is that no lay off would be expected in incoming months. It seems that the culture has been changed more towards to bank direction. Being tiny part of the big system may make people disappointed… It’s important for company to treat their employee with respect
They are low on staff and a division of a bank. Working for a bank Safest you can get other than defense
Lots of people are quitting voluntarily in this market/economy. That says a lot. Bonuses get paid out in January and you’ll see another wave of exits. The business does not care about its employees any longer. You’re joining a huge corporate bank and are going to be treated like another number.
Folks was not wepay independent like has their own payband, immigration and culture?
Yeah maybe 5 years ago. During the pandemic I was in JPMC(my title was VP- Software engineer) and same division as Wepay familiar with their business process and managed the downstream system from JPMC side. I interviewed and they offered me SDE-1 while I have 3 other offers from outside the company. In a nutshell, constant in-fighting between WePay and jpmc management. Wepay thinks they take over the bank and JPMC folks think Wepay is too small doing some stuff on the side. IMHO - wepay is too small to make any difference eventually it will be jpmcfied and hence lot of promise when folks join wepay but then reality hits and people leave
WePay is no more. It's being fully integrated within JPMC. They already had a first round of cuts this summer and another wave happening now.
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Run. Run far away from this place.
Mind elaborating why?
More context would be greatly appreciated