JPMorgan Chase
About JPMorgan Chase
JPMorgan Chase is a leading global financial services firm and one of the largest banking institutions in the United States, with operations worldwide.
CEO: Jamie Dimon
Year Established:
2000
Last Year's Revenue (in billions):
$122.9
Stock Symbol: JPM
Headquarters Location:
New York, NY
*As of 2023-11-20
Recent Layoff Information
Layoffs This Year
Layoffs Past 5 Years
Compared to Sector
Compared to Sector As a Percentage (layoffs/employees)
Are More Layoffs Expected?
As of October 2023, there have been no official announcements from JPMorgan Chase indicating plans for layoffs in 2024. However, the company has a history of making workforce reductions during periods of economic uncertainty or when it needs to adjust its business strategy. Additionally, the current economic climate, characterized by rising inflation, supply chain disruptions, and geopolitical tensions, could lead to further cost-cutting measures at JPMorgan Chase, potentially including layoffs.
It's important to note that factors such as the company's financial performance, overall economic conditions, and strategic priorities will significantly influence JPMorgan Chase's decision regarding potential layoffs. While there is no definitive answer at this time, the company's history and the current economic landscape suggest that layoffs could be a possibility in 2024.
Reason for Layoffs
To reduce costs and streamline operations
Articles
The Great Pause: Inside the Fortune 500 Hiring Slowdown
December 29, 2023
When Snowflakes Turn to Severance Papers: The Most Grinchy Layoffs in Festive History
December 25, 2023
The Robot in the Room: AI and the Looming Shadow over 2024 Jobs
December 21, 2023
Our Top 10 Layoffs by Percentage in 2023
December 20, 2023
Unveiling the Stealthy World of Soft Layoffs
December 20, 2023
New Graduates Guide to Navigating the 2024 Workforce
December 18, 2023
Amidst Layoff Fog, Beacons of Hope: States with Sunshine in the 2024 Job Market
December 17, 2023
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[1]Layoff totals are the totals over the past year and not most recent round of layoffs. Totals will not be exact as it is not possible to track at that level of detail in real time. All information is gathered from SEC filings, WARN notices, news articles, social media posts, and users who post on our site. Layoffinsider uses various ai tools to help gather the data which is then reviewed by humans and cross checked for validity. If you suspect there is incorrect data then please reach out to us for prompt investigation. We want to be the number one trusted source for tracking layoffs.
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