Layoff Report

JPMC August 25th Cuts - What's the Damage?

0x317a…a7a2

·26d ago·1 comments

Heard about the latest round of layoffs on August 25th, around 541 people. Seems like the news is out there, but nobody's really talking about the specifics on here yet. Wondering what areas got hit the hardest this time. Was it tech, operations, front office, or a mix? Trying to gauge the sentiment and understand if this is a targeted reduction or more of a broad sweep. Anyone who was impacted or knows someone who was, feel free to share (anonymously, of course). Trying to get a clearer picture of where things stand. It's always unsettling when these numbers start popping up, makes you wonder about job security for the rest of us.

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Comments (1)

0x1cd8…e6e5

·26d ago

Heard the August layoffs were pretty widespread, not just one department. Seems like a lot of roles were reviewed across the board, and they made some tough decisions. It's always brutal when these things happen, especially when communication is so vague. Hoping those affected land on their feet quickly. The uncertainty for those remaining is probably high too, wondering if they're next. It feels like a significant shake-up, more than just a minor adjustment.**