AUGUST 29, 2025 — 99 EMPLOYEES IN SAN FRANCISCO, CALIFORNIA
In what is described as a routine personnel adjustment, the company has announced that it is laying off 99 employees, including client service analysts, technology staff, credit officers, and others, in San Francisco, with terminations scheduled to begin on October 25, 2025.
According to a company statement, “We regularly review our business needs and adjust our staffing accordingly — creating new roles where we see the need or reducing positions when appropriate. We continue to hire in many other areas and work hard to redeploy impacted employees.”
FEBRUARY 25, 2025 — 121 EMPLOYEES IN JERSEY CITY, NEW JERSEY
The company has announced 2025 plans to lay off approximately 1,000 employees starting this month. \
According to a company spokesperson, "We regularly review our business needs and adjust our staffing accordingly – creating new roles where we see the need or reducing positions when appropriate. This is part of our regular management of the business and impacts a very small number of employees."
In May 2025, 121 employees at its Jersey City, New Jersey offices will be laid off.
JUNE 7, 2023 — Original post…
New York City, New York-based JPMorgan Chase, the iconic multinational financial services company, has announced a major reduction in force.
The personnel adjustment will impact 1,000 employees (15%), across departments including consumer banking, commercial banking, asset and wealth management, as well as technology and operations at the failed San Francisco-based First Republic Bank, which the firm acquired from the FDIC.
According to a company spokesperson, "Since our acquisition of First Republic on May 1, we've been transparent with their employees and kept our promise to update them on their employment status within 30 days. We recognize that they have been under stress and uncertainty since March and hope that today will bring clarity and closure."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?
