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REPORTED · NEWSPublished Aug 28, 2025

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

SOURCENews reportView the filing ↗

EMPLOYEES AFFECTED
100
EFFECTIVE DATE
Aug 28, 2025
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 in CA as of August 28, 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 28, 2025LAST UPDATED AUG 7, 2026