| Date | People cut | Source |
|---|---|---|
| Aug 21 | 63 | NJ Advance Media / New Jersey DOL WARN |
| Feb 2026 | 121 | Citywire / WARN |
| Total | 184 |
JPMorgan Chase announced 184 layoffs in 2026, affecting <0.1% of its 300,000-person workforce. The company cited Jersey City NJ. Business review and operational adjustments. Effective May. The cuts are part of a broader pattern of workforce reductions across the Banking sector in 2026, where companies are restructuring operations in response to changing market conditions, AI adoption, and margin pressure.