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REPORTED · NEWSPublished Dec 28, 2025

JPMorgan Chase & Co. Lays Off Nearly 100 Workers in San Francisco

EMPLOYEES AFFECTED
100
EFFECTIVE DATE
Oct 1, 2023
100 OF 316,043 EMPLOYEES

What we know

Location: San Francisco, CA.

Based on news reporting.

Summary

JPMorgan Chase & Co. has laid off nearly 100 workers at its San Francisco office. This decision reflects the company's ongoing adjustments in response to market conditions and operational needs. The layoffs are part of a broader trend in the financial sector, where companies are reevaluating their workforce amid economic challenges. The affected employees were notified of their termination on October 1, 2023. This move underscores the company's commitment to streamline operations while navigating a competitive landscape.

JPMorgan Chase & Co. cut 100 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.

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 100 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
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CREATED DEC 28, 2025LAST UPDATED DEC 28, 2025