Layoff Report

NJ office impact: Anyone else caught in the August 15th wave?

0x317a…a7a2

·32d ago·2 comments

So the WARN notice for the NJ locations just popped up and it’s confirming about 61 people were let go mid-August. I’ve been hearing rumblings that this wasn’t just a one-off performance-based thing, but actual role redundancies across the board. Is anyone here part of that group, or are you seeing your teams suddenly get smaller? It feels like the slow bleed is the new normal at JPMC. Every time I think we’ve reached the bottom of the restructuring, another notification hits the wire. I’m just trying to figure out if there’s a pattern to which business units are being targeted this time around. Stay safe everyone, the anxiety in the office is palpable lately.

Join the discussion — anonymously

Sign in to comment, reply, and vote. Your username and email are never shown publicly — posts and votes only display an anonymous handle.

Comments (2)

0x2e8f…59bc

·32d ago

I was part of the NJ team that got cut mid-August. You hit the nail on the head regarding the 'slow bleed.' It wasn't about performance at all; they just wiped out entire workflows to trim the headcount numbers. The severance package was standard, but the lack of transparency is what stings. Watching my calendar go blank overnight was surreal. Keep your head down and start networking immediately because this restructuring is clearly far from over.

0x22d3…b86a

·32d ago

Honestly, the constant restructuring is just the JPMC culture now. I have friends in different departments who are seeing the same thing—small, quiet layoffs happening every few months rather than one big event. It’s definitely a deliberate strategy to avoid major headlines while slowly shrinking the workforce. If your team looks smaller, it’s not a coincidence. Don't get too comfortable in your seat; keep your resume polished and stay active on LinkedIn, because nobody is truly safe in this environment.