World: JPMorgan Chase initiates job cut notifications as part of its strategic downsizing plan for , marking a significant shift in the bank's operational focus. JPMorgan Chase has begun notifying employees about job cuts, which are part of the bank's planned downsizing efforts for 2025. Fewer than ... The bank’s layoffs aren’t new; in 2024, JPMorgan Chase conducted two rounds of staff cuts in New Jersey as part of its ongoing strategy to align its workforce with operational needs. JPMorgan Chase layoffs are making headlines as the banking giant moves forward with job cuts in 2025. After enforcing a five-day return-to-office (RTO) mandate igniting a firestorm of employee discontent, the bank now appears to be following in the footsteps of Amazon and Meta with workforce ... Banking giant JPMorgan Chase has begun a round of layoffs impacting "fewer than 1,000 employees," with more downsizing expected in mid-March, May, June, August and September, Barron's reports ...
