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JPMorgan Chase & Co.

JPMFinancial Services· New York, NY, United States
LAYOFFS TRACKED
55
LAST EVENT
May 21, 2026
MARKET CAP
$668.92B
EMPLOYEES
316,043

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. It offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. The company also provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt market capital-raising services, as well as loan origination and syndication; payments; and cash and derivative instruments, risk management solutions, prime brokerage, and research, as well as offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. In addition, it provides financial solutions, including lending, payments, investment banking, and asset management to small and midsized companies, local governments, nonprofit clients, and large corporations, as well as investors, developers, and owners of multifamily, office, retail, industrial, and affordable housing properties. Further, the company offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, estate planning, lending, deposits, and investment management products to high net worth clients. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

Layoff history

EVENTS PER QUARTER · HOVER FOR EMPLOYEE COUNTS

Q4 '23: 18 eventsQ1 '24: 0 eventsQ2 '24: 0 eventsQ3 '24: 0 eventsQ4 '24: 0 eventsQ1 '25: 4 eventsQ2 '25: 3 eventsQ3 '25: 3 eventsQ4 '25: 2 eventsQ1 '26: 1 eventsQ2 '26: 1 eventsQ3 '26: 0 events
Q4 '23Q1 '24Q1 '25Q1 '26Q3 '26

Layoff timeline

55 EVENTS
Aug 21, 2026WARN notice
May 21, 2026WARN notice
Feb 17, 2026News

JPMorgan Chase has announced that it will lay off 99 employees in its San Francisco office. This decision reflects ongoing adjustments within the company as it navigates current market conditions. The layoffs are part of a broader trend affecting various sectors, but specific reasons for the cuts at JPMorgan Chase were not detailed in the announcement. The affected employees will be notified shortly, and the company is expected to provide support during this transition. This move highlights the challenges faced by financial institutions in maintaining workforce levels amidst economic fluctuations.

Feb 1, 2026Upcoming · EstimatedNews

JP Morgan Chase Bank has announced plans to eliminate hundreds of jobs in February 2024, with estimates suggesting around 300 positions will be affected. The layoffs are part of a broader restructuring effort within the company. Specific details regarding the departments impacted or the exact locations of the job cuts have not been disclosed. This move reflects ongoing adjustments in response to market conditions and operational efficiencies. The bank aims to streamline its workforce while continuing to adapt to the evolving financial landscape.

Jan 31, 2026Upcoming · EstimatedNews

JP Morgan Chase has announced upcoming layoffs at its Plano office. While specific numbers of affected employees have not been disclosed, the company is preparing for workforce reductions in the area. The layoffs are part of a broader restructuring effort, although further details regarding the timeline and reasons for the cuts remain unclear. This move reflects ongoing adjustments within the company as it navigates current economic challenges.

Jan 31, 2026Upcoming · EstimatedNews

JPMorgan Chase CEO Jamie Dimon addressed the potential impact of artificial intelligence on jobs within the company, acknowledging that AI advancements could lead to layoffs. While he emphasized the inevitability of job reductions due to technological progress, he also noted that this does not necessarily indicate a negative outlook for the company. The discussion highlighted the need for adaptation in the workforce as AI continues to evolve. Specific details regarding the number of layoffs or timelines were not provided, leaving the future of employment at JPMorgan Chase uncertain.

Jan 31, 2026Upcoming · EstimatedNews

JP Morgan Chase has announced cuts of nearly 1,000 jobs as part of its restructuring efforts. The company is also planning additional layoffs in the near future, indicating a significant adjustment to its workforce. While specific details regarding the locations or departments affected have not been disclosed, the layoffs reflect the bank's response to current economic conditions. This move is part of a broader trend in the financial sector as firms adapt to changing market demands.

Jan 1, 2026Upcoming · EstimatedNews

JP Morgan Chase Jersey City has announced plans to cut approximately 2,000 jobs as part of a restructuring effort slated for 2025. This decision is part of a broader strategy to streamline operations and adapt to changing market conditions. The layoffs are expected to impact various departments within the company, although specific details on affected areas have not been disclosed. The job cuts reflect ongoing challenges in the financial sector and aim to enhance efficiency and profitability moving forward. The company is preparing for these changes to take effect at the beginning of 2025.

Jan 1, 2026Upcoming · EstimatedNews

JPMorgan Chase has announced plans for a fourth round of layoffs in Jersey City, scheduled for 2025. The company intends to cut approximately 500 positions as part of this workforce reduction. This decision comes amid ongoing adjustments within the organization, reflecting broader trends in the financial sector. The layoffs are part of a strategic realignment aimed at enhancing operational efficiency. Specific details regarding the departments affected have not been disclosed. The planned layoffs are expected to take place early in 2025, marking a significant shift in the company's staffing strategy.

Jan 1, 2026Upcoming · EstimatedNews

JPMorgan Chase & Co. has announced a series of layoffs planned for 2025, as CEO Jamie Dimon addressed an employee petition against the decision. While specific numbers of affected employees have not been disclosed, the planned layoffs indicate a significant restructuring effort within the company. The announcement comes amid ongoing discussions about workforce adjustments in the financial sector. Details regarding the exact timing and departments affected remain unclear, but the company is preparing for these changes in the upcoming year.

Jan 1, 2026Upcoming · EstimatedNews

JP Morgan Chase Bank has initiated layoffs, with more planned in the near future despite reporting record profits. The bank's decision to reduce its workforce comes as part of a broader restructuring strategy aimed at optimizing operations. Specific details regarding the number of employees affected or the exact timeline for these layoffs have not been disclosed. The bank's leadership has indicated that these changes are necessary to adapt to evolving market conditions and enhance efficiency. As the situation develops, further announcements regarding the scale and timing of the layoffs are expected.

Nov 24, 2025WARN notice
Nov 24, 2025WARN notice
Aug 4, 2025WARN notice
Aug 4, 2025WARN notice
Aug 4, 2025WARN notice
Jun 23, 2025WARN notice
Jun 23, 2025WARN notice
Jun 23, 2025WARN notice
May 1, 2025Upcoming · EstimatedNews

JP Morgan Chase is set to implement its first round of layoffs in New Jersey by May 2024. While specific numbers of affected employees have not been disclosed, the announcement indicates a significant workforce reduction is planned. This move is part of a broader restructuring strategy aimed at optimizing operations within the company. The layoffs are expected to impact various departments, although details on specific areas have yet to be revealed. The decision reflects ongoing adjustments within the financial sector as companies adapt to changing market conditions.

Feb 17, 2025News

JP Morgan Chase Bank's CEO has publicly criticized the work-from-home trend amidst ongoing layoffs. The CEO's remarks come as the bank navigates a challenging economic environment, which has led to workforce reductions. While specific numbers of employees affected were not disclosed, the commentary highlights the tension between remote work policies and the bank's operational strategies. The situation reflects broader industry challenges as companies reassess their workforce needs in light of changing market conditions.

Feb 17, 2025News

JP Morgan Chase Bank's CEO has rejected hybrid work requests from employees, emphasizing a strict in-office policy amid ongoing layoffs. The article highlights the company's current stance on work arrangements as they navigate workforce reductions. While specific numbers of layoffs were not detailed, the rejection of hybrid work reflects the bank's commitment to a traditional work environment during this challenging period. The situation indicates a broader trend within the company as it adjusts to economic pressures.

Feb 13, 2025News

JPMorgan Chase has initiated the first of multiple planned layoffs for 2025, despite reporting record profits. The article discusses the company's strategy to reduce its workforce in the coming year.

Jan 1, 2025News

JP Morgan Chase Bank has announced plans for layoffs scheduled for 2025, indicating that more cuts are expected in the future. While specific numbers of employees affected have not been disclosed, the bank's decision reflects ongoing adjustments within the organization. The announcement suggests a strategic shift as the bank prepares for potential changes in the economic landscape. Further details regarding the exact timing and scale of the layoffs remain unclear, but the bank's leadership has indicated a commitment to restructuring efforts. This move is part of a broader trend in the financial sector as companies navigate evolving market conditions.

Oct 1, 2023News

JPMorgan Chase has laid off approximately 300 employees as it shutters a department in Texas. This decision comes amid broader mass layoffs affecting the region, highlighting the challenging economic landscape. The layoffs were officially executed on October 1, 2023, as the company restructures its operations. While the specific reasons for the department closure were not detailed, the move reflects ongoing adjustments within the financial sector. The impact of these layoffs is significant, contributing to the rising unemployment figures in Texas.

Oct 1, 2023News

JP Morgan Chase Bank has laid off 244 employees at its call centre in Plano, Texas, as part of a closure of the facility. This decision reflects the bank's ongoing adjustments to its operations and workforce. The layoffs have already taken place, impacting the employees who worked at the call centre. The closure is part of a broader trend in the banking industry as companies streamline operations and reduce costs. The bank has not specified any plans for future layoffs but continues to evaluate its workforce needs.

Oct 1, 2023News

JPMorgan Chase has announced the closure of its call centre in Plano, Texas, resulting in the layoff of 244 employees. This decision is part of the company's broader strategy to streamline operations and reduce costs. The layoffs are effective immediately as the facility ceases operations. The closure reflects ongoing adjustments within the company to adapt to changing market conditions and operational efficiencies. Employees affected by this decision have been notified and will be provided with support during the transition.

Oct 1, 2023News

JPMorgan Chase & Co. has laid off 244 employees as part of its decision to shut down a call center. This move reflects the company's ongoing restructuring efforts and aims to streamline operations. The layoffs occurred recently, impacting workers in the call center department. The closure is part of a broader strategy to enhance efficiency within the organization. The company has not specified any future plans for additional layoffs at this time.

Oct 1, 2023News

JPMorgan Chase has laid off approximately 200 employees as it shutters a department in Texas. This decision comes amid a wave of mass layoffs affecting various sectors in the state. The layoffs are part of a broader trend of workforce reductions as companies adjust to changing economic conditions. The specific reasons for the department's closure were not detailed, but it reflects ongoing challenges in the financial sector. The layoffs took effect on October 1, 2023, impacting the local workforce significantly.

Oct 1, 2023News

JP Morgan Chase Bank Jersey City has filed a layoff notice indicating the reduction of 179 jobs in New Jersey. This decision is part of a broader trend affecting various sectors in the region, including supermarkets and banks. The layoffs are expected to impact the workforce significantly, reflecting ongoing challenges within the financial sector. The exact reasons for these cuts were not detailed in the notice, but they align with recent industry adjustments. The layoffs are set to take effect shortly, as the company navigates its operational strategies amidst economic pressures.

Oct 1, 2023News

JP Morgan Chase has laid off 53 employees in its San Francisco office. This decision reflects ongoing adjustments within the company as it navigates current market conditions. The layoffs are part of a broader trend affecting various sectors, but specific reasons for the cuts at JP Morgan Chase were not detailed in the report. The company continues to evaluate its workforce needs in light of economic challenges. This move underscores the financial institution's commitment to maintaining operational efficiency amidst changing circumstances.

Oct 1, 2023News

JPMorgan Chase & Co. has enacted layoffs affecting approximately 300 employees at its Plano office as part of a restructuring effort. The layoffs were confirmed to have taken place on October 1, 2023, as the company adjusts its workforce to better align with current business needs. This decision reflects broader trends in the financial services industry, where companies are increasingly optimizing operations in response to economic pressures. The affected employees were primarily in various support roles, and the company has stated that it remains committed to its core business operations despite these cuts.

Oct 1, 2023News

JPMorgan Chase has announced layoffs affecting 121 employees at its Jersey City location. This decision comes as part of the company's ongoing efforts to streamline operations and reduce costs. The layoffs are set to take effect on October 1, 2023. While specific reasons for the layoffs were not detailed, they reflect broader trends in the banking industry as firms adjust to changing economic conditions. The affected employees will receive severance packages as part of the company's support during this transition.

Oct 1, 2023News

JPMorgan Chase & Co. has initiated job cuts as part of its regular management strategy, affecting approximately 2,000 employees. The layoffs are part of the company's ongoing efforts to streamline operations and adapt to changing market conditions. The affected positions are primarily located in New York, NY. This move reflects the bank's commitment to maintaining efficiency and competitiveness in the financial sector. The company has stated that these adjustments are necessary to align with its long-term goals and operational needs.

Oct 1, 2023News

JPMorgan Chase & Co. has laid off nearly 100 workers at its San Francisco office. This decision reflects the company's ongoing adjustments in response to market conditions and operational needs. The layoffs are part of a broader trend in the financial sector, where companies are reevaluating their workforce amid economic challenges. The affected employees were notified of their termination on October 1, 2023. This move underscores the company's commitment to streamline operations while navigating a competitive landscape.

Oct 1, 2023News

JPMorgan Chase & Co. has announced layoffs affecting approximately 500 employees across various departments in New York, despite reporting record profits. The decision comes as part of a restructuring effort aimed at streamlining operations and reducing costs. The layoffs are set to take effect on October 1, 2023, and reflect the bank's response to changing market conditions and internal efficiency goals. This move has raised concerns among employees about job security, even as the company continues to perform well financially.

Oct 1, 2023News

JP Morgan Chase Bank has announced the layoff of 424 employees in Michigan, marking another significant reduction in its workforce. This decision comes as part of the bank's ongoing efforts to streamline operations and adjust to changing market conditions. The layoffs are expected to impact various roles within the bank, although specific departments affected have not been disclosed. This move reflects broader trends in the banking industry as firms adapt to economic pressures and shifts in consumer behavior. The layoffs are effective immediately, with the bank stating that it aims to enhance efficiency and focus on core business areas.

Oct 1, 2023News

JP Morgan Chase Bank has laid off approximately 500 employees as part of a restructuring effort, coinciding with plans to hire thousands in other areas. The layoffs occurred in early October 2023, primarily affecting roles in operational and administrative functions. Despite the job cuts, the bank is focusing on expanding its workforce in technology and client-facing positions, indicating a strategic shift in its operational priorities. This move reflects the bank's ongoing adjustments to meet evolving market demands while balancing workforce needs across different sectors.

Oct 1, 2023News

JPMorgan Chase has announced the layoff of 88 employees in its Jersey City office, effective October 1, 2023. This decision is part of a broader restructuring effort within the company as it seeks to streamline operations and reduce costs. The layoffs come amid ongoing challenges in the financial sector, which have prompted many firms to reassess their workforce needs. While the specific departments affected were not detailed, the cuts reflect the company's response to current market conditions and operational efficiencies.

Oct 1, 2023News

J.P. Morgan Chase & Co. is set to lay off 33 employees as it shuts down its payments unit in Luxembourg. This decision reflects the company's strategic restructuring efforts in response to changing market conditions. The layoffs are part of a broader trend in the financial services industry, where firms are reevaluating their operational footprints. The closure of the Luxembourg payments unit is effective immediately, impacting the local workforce significantly. J.P. Morgan's actions highlight the ongoing adjustments within the banking sector as companies adapt to evolving economic challenges.

Oct 1, 2023News

JPMorgan Chase & Co. has enacted layoffs affecting approximately 300 employees at its Plano, Texas office as part of a restructuring effort. The decision comes amid broader changes within the company aimed at streamlining operations and reducing costs. The layoffs were officially confirmed on October 1, 2023, and are part of the bank's strategy to adapt to evolving market conditions. This move reflects the company's ongoing adjustments in response to economic pressures and aims to enhance efficiency across its operations.

Oct 1, 2023News

JPMorgan Chase & Co. has laid off nearly 1,000 employees as part of its ongoing restructuring efforts. This move is seen as the first of several planned job cuts aimed at streamlining operations and reducing costs. The layoffs occurred in early October 2023, reflecting the company's response to current economic pressures and the need to adapt to changing market conditions. While specific departments and locations were not detailed, the cuts are part of a broader strategy to enhance efficiency within the organization. The company has indicated that more layoffs may follow as it continues to evaluate its workforce needs.

Date not reportedUpcoming · EstimatedNews

JPMorgan Chase is set to lay off approximately 500 employees in its fraud division, despite reporting rising revenues. The decision comes as the company seeks to streamline operations and reduce costs. The layoffs are part of a broader restructuring effort within the organization. While the exact timeline for these layoffs has not been disclosed, the company is moving forward with its plans amidst a backdrop of increasing profitability. This move reflects the bank's ongoing adjustments to its workforce in response to changing market conditions.

Date not reportedUpcoming · EstimatedNews

JPMorgan Chase has announced plans to lay off nearly 250 employees in North Texas. This decision reflects the company's ongoing adjustments to its workforce in response to current business conditions. The layoffs are part of a broader strategy to streamline operations and improve efficiency. Specific details regarding the departments affected have not been disclosed. The company aims to implement these changes in the near future, although exact dates for the layoffs have not been provided.

Date not reportedUpcoming · EstimatedNews

JPMorgan Chase is set to lay off approximately 300 employees in New Jersey as part of a broader trend affecting several companies in the region, including Barclays, Meta, and Novartis. The layoffs are part of a restructuring effort, although specific reasons for the job cuts at JPMorgan Chase have not been detailed. This move reflects ongoing challenges within the financial sector and the company's strategic adjustments to its workforce. The layoffs are expected to impact various roles, but further specifics regarding departments or timelines have not been disclosed.

Date not reportedUpcoming · EstimatedNews

JPMorgan Chase has announced plans to close its center in Plano, Texas, which will lead to layoffs affecting the local workforce. While the exact number of employees impacted has not been disclosed, the closure is part of a broader restructuring effort within the company. This decision reflects ongoing adjustments in response to market conditions and operational efficiencies. The timeline for the layoffs has not been specified, leaving uncertainty for the employees at the Plano center.

Date not reportedUpcoming · EstimatedNews

JP Morgan Chase Bank has announced plans to lay off approximately 2,000 employees as part of a restructuring effort aimed at streamlining operations and reducing costs. The layoffs are expected to take effect on January 15, 2024, impacting various departments across the organization. This decision comes in response to ongoing economic challenges and the need to adapt to changing market conditions. The bank's leadership emphasized that these cuts are necessary to maintain competitiveness and ensure long-term sustainability. The layoffs reflect a broader trend in the financial sector as companies adjust their workforce in light of economic pressures.

Date not reportedUpcoming · EstimatedNews

JPMorgan Chase has begun layoffs, with plans to cut approximately 1,000 jobs following a period of record profits. The decision comes as part of a restructuring effort aimed at streamlining operations and adapting to changing market conditions. While specific details regarding the locations or departments affected have not been disclosed, the layoffs are part of a broader trend in the financial sector. The company has indicated that these cuts are necessary to maintain efficiency and competitiveness in the industry.

Date not reportedUpcoming · EstimatedNews

JPMorgan Chase has begun implementing layoffs, with more planned in the near future, despite reporting record profits. The company has indicated that these workforce reductions are part of a broader restructuring effort. Specific details regarding the number of employees affected and the timeline for these layoffs have not been disclosed. The decision comes as the bank navigates changing market conditions and aims to optimize its operations. Further announcements regarding the layoffs are expected soon, but no exact dates or figures have been provided at this time.

Date not reportedUpcoming · EstimatedNews

JPMorgan Chase & Co. is preparing for layoffs that are expected to continue through 2025 as part of a broader restructuring effort. The company has indicated that these layoffs are part of its strategy to adapt to changing market conditions and improve operational efficiency. While specific numbers of employees affected have not been disclosed, the announcement reflects the bank's ongoing adjustments in response to economic pressures. The timeline for these layoffs remains unclear, but the company has signaled that they will be phased over the next few years. This move is part of a larger trend in the financial sector as firms reassess their workforce needs.

Date not reportedUpcoming · EstimatedNews

JP Morgan Chase Bank is considering significant reductions in its operations workforce, potentially slashing over 10% of its staff. While specific numbers of employees affected have not been disclosed, the planned cuts reflect the bank's ongoing efforts to streamline operations amid changing market conditions. The announcement indicates a strategic shift within the company, although no specific timeline for the layoffs has been provided. This move may impact various locations and departments within the bank's operations sector, as it seeks to enhance efficiency and reduce costs.

Date not reportedUpcoming · EstimatedNews

JPMorgan Chase & Co. has commenced the first round of layoffs as part of a series of planned workforce reductions. The company is expected to implement additional job cuts in the near future, although specific numbers and dates have not yet been disclosed. This move comes amid broader industry trends affecting financial institutions, as they adjust to changing market conditions. The layoffs are part of a restructuring strategy aimed at enhancing operational efficiency and maintaining competitiveness in a challenging economic environment.

Date not reportedUpcoming · EstimatedNews

JPMorgan Chase & Co. has initiated layoffs and plans to implement further job cuts despite reporting record profits. The company has indicated that these layoffs are part of a broader restructuring strategy aimed at optimizing operations. Specific details regarding the number of employees affected or the locations of these layoffs have not been disclosed. The decision comes as the bank navigates changing market conditions and seeks to enhance efficiency. Future announcements regarding the exact scale and timing of the layoffs are anticipated.

Date not reportedUpcoming · EstimatedNews

JPMorgan Chase & Co. has announced plans to cut over 300 jobs in New Jersey this year. The layoffs are part of the company's restructuring efforts as it adapts to changing market conditions. While specific departments affected have not been disclosed, the job cuts reflect a broader trend in the financial services industry. The company aims to streamline operations and improve efficiency amidst ongoing economic challenges. Details regarding the exact timeline for these layoffs have yet to be released.

Date not reportedUpcoming · EstimatedNews

JPMorgan Chase & Co. has begun implementing layoffs, with further reductions planned in the near future. This decision comes despite the company reporting record profits, indicating a strategic shift in workforce management. Specific details regarding the number of employees affected or the departments involved have not been disclosed. The company has indicated that these layoffs are part of a broader restructuring effort aimed at optimizing operations. As the situation develops, more information about the scale and timing of these layoffs is expected to be released.

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