JPMorgan Chase Layoffs ● Effective Aug 21, 2026

📍 2 states with filings 📄 11 total WARN notices 👥 1,228 workers affected

JPMorgan Chase has filed 11 WARN notices across 2 states, affecting 1,228 workers. Most activity is in Jersey City and Plano. Filing dates range from Dec 22, 2024 through Aug 19, 2026. The Jun 23, 2026 filing for 244 workers in Plano is larger than 90 percent of WARN filings nationally. Jersey City accounts for 80% of affected workers.

Last 24 Months

Workers Affected
1,228
Filings
11
Avg Workers / Filing
111
Most Affected City
Jersey City, NJ
984 workers
Affected by this layoff? Know your rights · File for unemployment · Find a job center · Build your resume

JPMorgan Chase Layoff History

Monthly avg: 51/mo

Top States

Year-over-Year

2026 YTD
785
2025
2024

Closure vs. Layoff

Type not specified for 100% of filings.

About JPMorgan Chase

JPMorgan Chase is the largest bank in the United States by assets, formed through the 2000 merger of J.P. Morgan and Chase Manhattan. The company operates in investment banking, commercial banking, asset management, and consumer banking. It employs over 310,000 people globally, with major offices in New York, Chicago, Columbus, and internationally.

More about JPMorgan Chase's layoff history and outlook

Layoff History

JPMorgan Chase conducts regular workforce adjustments, often tied to branch consolidations, technology migrations, and business line restructurings. The company cut about 5,000 positions in 2024 as part of ongoing efficiency efforts, though it simultaneously hired in technology and compliance. WARN filings from JPMorgan typically reflect branch closures and back-office consolidations rather than company-wide reduction events.

How JPMorgan Chase Has Handled Past Disruption

JPMorgan has been among the most aggressive banks in technology investment. CEO Jamie Dimon has consistently emphasized technology spending, with the bank allocating over $15 billion annually to technology. The company was an early adopter of cloud computing and built substantial in-house AI and machine learning capabilities for fraud detection, trading, and customer service.

Current Context

JPMorgan is expanding its use of AI across the business, including a proprietary large language model for investment research and customer-facing AI assistants. The bank continues to close physical branches as customers shift to digital banking. Dimon has called AI potentially as transformative as the printing press and the steam engine for the financial industry.

Last reviewed 2026-04-15
Sources

All JPMorgan Chase WARN Filings

All Closures Layoffs 202620252024
LocationStateTypeWorkersEffectiveFiled
Jersey City NJ 63 2026-08-19 2026-08-19
Jersey City NJ 51 2026-08-03 2026-08-03
Jersey City NJ 173 2026-07-08 2026-07-08
Plano TX 244 2026-08-21 2026-06-23
Jersey City NJ 134 2026-06-20 2026-06-20
Jersey City NJ 120 2026-05-03 2026-05-03
Jersey City NJ 58 2025-11-24 2025-11-24
Jersey City NJ 63 2025-08-04 2025-08-04
Jersey City NJ 145 2025-06-23 2025-06-23
Jersey City NJ 121 2025-05-05 2025-05-05
Show all 11 filings ↓

Were you laid off from JPMorgan Chase?

If you received a layoff notice from JPMorgan Chase, the WARN Act requires your employer to provide 60 days advance written notice before a mass layoff or plant closing. If your employer gave less than 60 days notice, you may be entitled to back pay and benefits for each day of the shortfall. File for unemployment insurance with your state workforce agency as soon as possible. Review your COBRA options to continue health coverage for up to 18 months. Visit your local America's Job Center for free career counseling and retraining vouchers. These programs exist for exactly this situation.

File for Unemployment Insurance

Find your state's unemployment insurance program and apply online. You may be eligible before your last day.

COBRA and Health Coverage

Continue your employer health plan for up to 18 months, or compare lower-cost options on the Health Insurance Marketplace.

Your Rights Under the WARN Act

Employers with 100 or more employees must give 60 days written notice before mass layoffs or plant closings.

Career Services and Training

Free career counseling, resume help, job search assistance, and retraining programs through CareerOneStop.

Career Tools and Job Search Support

Interview prep, job search management, and career planning tools to help you land your next role.

Find Your Local Job Center

America's Job Centers offer free career counseling, resume help, interview prep, job search assistance, and retraining vouchers for workers affected by WARN Act layoffs. Ask about Rapid Response services.

About This Data

All data on this site is sourced from official WARN Act filings published by state workforce agencies. Filings are updated regularly but may not reflect same-day submissions. Coverage varies by state.

Other companies laying off in New Jersey

Related News — JPMorgan Chase

3 outlets have covered this, between 2026-08-20 and 2026-08-25. NJ.com reported 500. The 11 WARN filings on record here cover 1,228 workers in this window.

Notice period on these filings

One filing on this page publishes both a notice date and a layoff date. The gap between them was 59 days, which is less than the 60 days the WARN Act requires.

Notice length matters when a severance agreement lands, because most agreements ask you to waive WARN claims. How the notice period changes what severance is worth.

Still employed and expecting a cut?

Severance is negotiable more often than people assume, and the leverage is largest before a notice lands. Financial Samurai's How To Engineer Your Layoff walks through how those conversations actually go, with real severance examples.

See the guide

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