Company: J-P-Morgan
Date: 2015-04-08
Overall rating: 2/5
Employment status: current
Experience level: Senior

Not the company it once was
Pros: JPMorgan Chase offers good benefits, though like everywhere else, the employee cost goes up every year.  Some areas of the bank focus on work-life balance, but not all.
Cons: Every year operations areas are asked to do more with less to offset the bank's enormous losses and fines.  All focus is on shareholders, not employees.  Tenured/experienced employees (20+ years) are released in order to hire younger, cheaper workers.  The way this is handled has become increasingly impersonal.  No longer are notifications sent to announce someone's departure and thank them for their years of service.  The person just disappears.  It's as if the bank recognizes that layoffs are bad for the stock price, morale and survey scores so they just opt to not announce they laid off 1,000 people today.