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REPORTED · NEWSPublished Jul 7, 2025

JPMorgan Cuts 88 Jobs in Jersey City

SOURCENews reportView the filing ↗

EMPLOYEES AFFECTED
88
EFFECTIVE DATE
Jul 7, 2025
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 in NJ as of July 7, 2025.

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 23, 2025LAST UPDATED AUG 7, 2026