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REPORTED · NEWSPublished Dec 9, 2025

JPMorgan Chase Implements Layoffs in Plano Amid Restructuring

EMPLOYEES AFFECTED
300
EFFECTIVE DATE
Oct 1, 2023
300 OF 316,043 EMPLOYEES

What we know

Location: Plano, Texas.

Based on news reporting.

Summary

JPMorgan Chase & Co. has enacted layoffs affecting approximately 300 employees at its Plano, Texas office as part of a restructuring effort. The decision comes amid broader changes within the company aimed at streamlining operations and reducing costs. The layoffs were officially confirmed on October 1, 2023, and are part of the bank's strategy to adapt to evolving market conditions. This move reflects the company's ongoing adjustments in response to economic pressures and aims to enhance efficiency across its operations.

JPMorgan Chase & Co. cut 300 jobs as of October 1, 2023.

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

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 StaffStaff23 hours ago

JPMorgan Chase & Co. cut 300 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 9, 2025LAST UPDATED JUN 29, 2026