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REPORTED · NEWSPublished May 21, 2026

JP Morgan Chase Bank Jersey City Cuts 179 Jobs in New Jersey

EMPLOYEES AFFECTED
179
EFFECTIVE DATE
Oct 1, 2023
179 OF 316,043 EMPLOYEES

What we know

Location: Jersey City, NJ.

Based on news reporting.

Summary

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.

JPMorgan Chase & Co. cut 179 jobs as of October 1, 2023.

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.

Comments (1)

Anonymous by default. Be kind — people reading this may be going through it right now.

LTLayoffTalk StaffStaff21 hours ago

JPMorgan Chase & Co. cut 179 jobs on October 1, 2023. Were you affected, or do you know people who were? How was it handled — severance, notice, which teams? You can post anonymously below.

SOURCE
News reporting
View original source ↗
J
JPMorgan Chase & Co.JPM
Financial Services · 316,043 employees
55
EVENTS TRACKED
19K
AFFECTED SINCE 2023
View company profile+ Get alerts for JPMorgan Chase & Co.

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CREATED MAY 21, 2026LAST UPDATED JUL 3, 2026