JPMorgan Chase Layoffs

📍 2 states with filings 📄 11 total WARN notices 👥 1,228 workers affected
View filingsTrack this companyLatest reporting

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 91 percent of WARN filings nationally. Jersey City accounts for 80% of affected workers. Filings in the most recent quarter were unchanged from the prior quarter at 3.

Last 24 Months

Workers Affected
1,228
Filings
11
Avg Workers / Filing
111
Most Affected City
Jersey City, NJ
984 workers
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JPMorgan Chase Layoff History

Monthly avg: 51/mo

Top States

Workers by year

The current year is incomplete; these totals are not a like-for-like growth comparison.

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
LocationStateTypeWorkersEffectiveRecorded
Jersey City NJ 63 Not separately reported
Recorded: 2026-08-19 (source date)
2026-08-19 (source date)
Jersey City NJ 51 Not separately reported
Recorded: 2026-08-03 (source date)
2026-08-03 (source date)
Jersey City NJ 173 Not separately reported
Recorded: 2026-07-08 (source date)
2026-07-08 (source date)
Plano TX 244 2026-08-21
Recorded: 2026-06-23
2026-06-23
Jersey City NJ 134 Not separately reported
Recorded: 2026-06-20 (source date)
2026-06-20 (source date)
Jersey City NJ 120 Not separately reported
Recorded: 2026-05-03 (source date)
2026-05-03 (source date)
Jersey City NJ 58 Not separately reported
Recorded: 2025-11-24 (source date)
2025-11-24 (source date)
Jersey City NJ 63 Not separately reported
Recorded: 2025-08-04 (source date)
2025-08-04 (source date)
Jersey City NJ 145 Not separately reported
Recorded: 2025-06-23 (source date)
2025-06-23 (source date)
Jersey City NJ 121 Not separately reported
Recorded: 2025-05-05 (source date)
2025-05-05 (source date)
Show all 11 filings ↓

Why JPMorgan's filing total is not a single layoff announcement

Research note by WARNact. Reviewed 2026-09-07. This is a dated review; the live table may contain newer records.

Our September 7 review found 11 JPMorgan Chase records in the site's reporting window: ten from New Jersey and one from Texas. Their reported worker counts add to 1,228, including 984 in New Jersey and 244 in Texas. That is a sum across locations and dates, not evidence of a single 1,228-person announcement or 11 distinct layoff rounds.

The New Jersey records repeat the same source date in the dataset's notice and effective fields. We therefore show that value as a source date and leave the separate effective date unspecified. Subtracting those fields would manufacture a zero-day notice period. The Texas record has two distinct dates, but their difference still cannot establish the notice individual workers received.

When comparing a news story with this table, first match the location, event and reporting period. Then check whether later records amend earlier ones. A company-wide headline and a rolling collection of state filings can both be accurate while describing different things. The table and agency links provide the records to investigate that difference.

Method: filter our published dataset to JPMorgan Chase and the reporting window, then group the records by state. Download the dataset and use the agency links in the table to inspect the source records.

Were you laid off from JPMorgan Chase?

If you received a layoff notice from JPMorgan Chase, check the dates in your own written notice and the applicable state rules. Federal WARN generally requires 60 days notice for covered events, subject to exceptions; a public filing does not establish your individual entitlement. Read the Department of Labor guidance. Review unemployment benefits, health coverage and local job-center support.

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

Federal WARN generally requires 60 days notice for covered employers and qualifying events, subject to exceptions. State rules may differ.

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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

Data on this site comes from WARN Act filings published by state workforce agencies. Where a state does not publish a usable list, filings come from a third-party compilation and are marked on each row. 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

News reports may describe a different time period, geography or company-wide announcement. This page contains 11 filings covering 1,228 reported workers in the last 24 months. Those figures cannot be reconciled with a headline alone. Use the individual source records above to check locations and dates; filings can include amendments and do not prove that all announced layoffs occurred.

Recorded dates on these filings

Across 1 filings with usable paired dates, the median recorded gap is 59 days. This is date arithmetic, not a finding about notice received by workers or legal compliance. Source definitions, coverage and exceptions matter.

What to check in your own notice and severance agreement.

Still employed and expecting a cut?

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