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UPCOMING · ESTIMATEDPublished Dec 24, 2025

JP Morgan Chase Bank to Eliminate Hundreds of Jobs in February

EMPLOYEES AFFECTED
300
PLANNED DATE
Feb 1, 2026
300 OF 316,043 EMPLOYEES

What we know

Based on news reporting.

Summary

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.

JPMorgan Chase & Co. cut 300 jobs as of February 1, 2026.

That is roughly 0.1% 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