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REPORTED · NEWSPublished Aug 21, 2026

JPMorgan Chase Cuts Over 500 Jobs in Jersey City in 2026

SOURCENews reportView the filing ↗

EMPLOYEES AFFECTED
500
SHARE OF WORKFORCE
~0.2%
EFFECTIVE DATE
Feb 14, 2025
500 OF 316,043 EMPLOYEES

What we know

Location: Jersey City, NJ.

Based on news reporting.

Summary

JPMorgan Chase announced its fifth round of staff reductions in its Jersey City offices in 2026, with company-provided data to the state indicating that more than 500 people have lost their jobs in Jersey City this year. The article frames these cuts as part of multiple reduction rounds at the firm's local offices while noting that the local workforce remains over 1,000 people. No specific departments, exact dates for the latest round, or reasons for the layoffs are provided in the article beyond it being the fifth round in 2026. The piece cites company data supplied to the state as the source of the total impacted figure.

JPMorgan Chase & Co. cut 500 jobs in NJ as of February 14, 2025.

That is roughly 0.2% of the 316,043 people JPMorgan Chase & Co. employs.

LayoffTalk has tracked 50 layoff events at JPMorgan Chase & Co. since January 2025, including 1,538 jobs documented in official WARN filings, with 38 additional events known from news reporting.

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SOURCE
News reporting
View original source ↗
J
JPMorgan Chase & Co.JPM
Financials · 316,043 employees
50
EVENTS TRACKED
1,538
JOBS IN WARN FILINGS
View company profile

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CREATED DEC 26, 2025LAST UPDATED AUG 22, 2026