JPMorgan Announces Layoffs of 121 Employees in New Jersey
SOURCENews reportView the filing ↗
What we know
Location: Jersey City, NJ.
Based on news reporting.
Summary
JPMorgan Chase has announced layoffs affecting 121 employees at its Jersey City location. This decision comes as part of the company's ongoing efforts to streamline operations and reduce costs. The layoffs are set to take effect on October 1, 2023. While specific reasons for the layoffs were not detailed, they reflect broader trends in the banking industry as firms adjust to changing economic conditions. The affected employees will receive severance packages as part of the company's support during this transition.
JPMorgan Chase & Co. cut 121 jobs in NJ as of February 24, 2026.
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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