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UPCOMING · ESTIMATEDPublished May 13, 2025

JPMorgan Chase Plans Over 300 Job Cuts in New Jersey

SOURCENews reportView the filing ↗

EMPLOYEES AFFECTED
300
300 OF 316,043 EMPLOYEES

What we know

Location: New Jersey, USA.

Based on news reporting.

Summary

JPMorgan Chase & Co. has announced plans to cut over 300 jobs in New Jersey this year. The layoffs are part of the company's restructuring efforts as it adapts to changing market conditions. While specific departments affected have not been disclosed, the job cuts reflect a broader trend in the financial services industry. The company aims to streamline operations and improve efficiency amidst ongoing economic challenges. Details regarding the exact timeline for these layoffs have yet to be released.

JPMorgan Chase & Co. cut 300 jobs in NJ.

That is roughly 0.1% of the 316,043 people JPMorgan Chase & Co. employs.

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 ↗

Estimated figure based on news reporting. Not yet confirmed by JPMorgan Chase & Co..

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 9, 2025LAST UPDATED JUL 29, 2026