MonkWhoBoughtFerrari
MonkWhoBoughtFerrari

Any updates about jpmc layoffs in India?

News of jpmc doing layoffs after Morgan Stanley last week is out. Wanted to know if any teams, departments or employees in India, Mumbai and Bangalore are affected? If anyone has any info, please share.

17mo ago
smaLL
smaLL

Half my friends work in banking sector. Few are in JP/ex-JP. What I learnt from them is that as per core banking works are concerned, they are fine. In the worst, the appraisal will be low in the next cycle, bonuses will be low. This fact is leading to attrition towards UBS, BoA, City Bank, RBS etc.

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