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UPCOMING · ESTIMATEDPublished Dec 24, 2025

JP Morgan Chase Cuts Nearly 1,000 Jobs, Plans More Layoffs

EMPLOYEES AFFECTED
1,000
SHARE OF WORKFORCE
~0.3%
PLANNED DATE
Jan 31, 2026
1,000 OF 316,043 EMPLOYEES

What we know

Based on news reporting.

Summary

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.

JPMorgan Chase & Co. cut 1,000 jobs as of January 31, 2026.

That is roughly 0.3% of the 316,043 people JPMorgan Chase & Co. employs.

LayoffTalk has tracked 55 layoff events at JPMorgan Chase & Co. since October 2023, affecting a combined 11,121 employees.

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SOURCE
News reporting
View original source ↗

Estimated figure based on news reporting. Not yet confirmed by JPMorgan Chase & Co..

J
JPMorgan Chase & Co.JPM
Financial Services · 316,043 employees
55
EVENTS TRACKED
19K
AFFECTED SINCE 2023
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CREATED DEC 24, 2025LAST UPDATED JUL 3, 2026