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REPORTED · NEWSPublished Dec 23, 2025

JPMorgan Cuts 88 Jobs in Jersey City

EMPLOYEES AFFECTED
88
EFFECTIVE DATE
Oct 1, 2023
88 OF 316,043 EMPLOYEES

What we know

Location: Jersey City, NJ.

Based on news reporting.

Summary

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.

JPMorgan Chase & Co. cut 88 jobs as of October 1, 2023.

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
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J
JPMorgan Chase & Co.JPM
Financial Services · 316,043 employees
55
EVENTS TRACKED
19K
AFFECTED SINCE 2023
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CREATED DEC 23, 2025LAST UPDATED JUL 3, 2026