JPMorgan Chase Implements Layoffs in Plano Amid Restructuring
SOURCENews reportView the filing ↗
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 in TX as of June 27, 2026.
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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