Stratrix
On the Record · JPMorgan Chase

JPMorgan Chase layoffs, on the record

Every job cut, severance charge and restructuring JPMorgan Chase reported in its annual reports, 2022 to 2025, quoted from the filings. Headcount went from 293,723 to 318,512.

Headcount, as reported

Annual reportEmployeesAs of
10-K for 2022293,723December 31, 2022
10-K for 2023309,926December 31, 2023
10-K for 2024317,233December 31, 2024
10-K for 2025318,512December 31, 2025

Job cuts, severance and restructuring

  1. Our summaryThe company recorded restructuring and integration costs tied to its acquisition of First Republic. Cost: $ 360 million

    Word for word“(b) Included payments to the FDIC in the second quarter of 2023 with respect to First Republic individuals who were not employees of the Firm until July 2, 2023, as well as $ 360 million restructuring and integration costs.” 10-K for 2023

  2. Our summaryThe company recorded integration and restructuring costs tied to its First Republic acquisition in other expense for 2024 and 2023. full years ended December 31, 2024 and 2023 · Cost: $ 488 million and $ 360 million

    Word for word“(b) Reflects the expenses classified within other expense, including $ 488 million and $ 360 million of integration and restructuring costs associated with First Republic for the full years ended December 31, 2024 and 2023, respectively.” 10-K for 2024

JPMorgan Chase has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.

Read from JPMorgan Chase’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2026-02-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.