JPMorgan Chase Begins Layoffs as Part of 2025 Strategic Adjustments

In a move to align its operations and staffing with evolving business needs, JPMorgan Chase & Co. has started notifying employees about a series of layoffs planned throughout 2025. The first wave of notifications was issued on Sunday, impacting staff in the company's Houston offices.

According to sources familiar with the matter, the layoffs are scheduled to continue in waves, with additional cuts planned for March, May, June, August, and September. However, these layoffs are not expected to affect all areas of the business equally, indicating a strategic approach to workforce adjustments.

While JPMorgan Chase has not publicly disclosed the exact number of jobs to be eliminated or the specific business areas affected, the decision underscores the company's commitment to adapting its operations in response to changing market demands and strategic priorities.