Casper Posted September 24, 2013 Report Share Posted September 24, 2013 http://mobile.dispatch.com/webapp/news/article/lns/3753452074/chase-to-cut-another-440-jobs-here-in-next-90-days Ouch. Best wishes to those about to be let go. Really hope nobody from here is impacted. Quote Link to comment Share on other sites More sharing options...
Steve Butters Posted September 24, 2013 Report Share Posted September 24, 2013 It ain't even that bad... They're laying off a ton of people, but hiring a shit ton too.. Most people are just migrating to new positions and the ones who don't get a fucking baller severance package and chase helps them find new jobs at other companies... They layed off 150 people today at my location and nobody walked out of that meeting upset ... Plus, they give 90 days notice to give you time to apply for other positions in the company... You don't walk in and get let go.. Even give you time off during that 90 days to interview at other companies Quote Link to comment Share on other sites More sharing options...
DAC Posted September 24, 2013 Report Share Posted September 24, 2013 Yeah. I was at an assembly for my kid of some sort years back during the crisis and the guy in front of me was talking about his severance from Chase that was something like 65 weeks pay. About the bailout, I don't blame these guys in particular. Chase took the money because they were more or less forced to so the other banks didn't have a "stigma". Once Chase paid the money back, the Treasury had made something like a 40% return on their "investment" in Chase. Quote Link to comment Share on other sites More sharing options...
madcat6183 Posted September 24, 2013 Report Share Posted September 24, 2013 (edited) Yeah. I was at an assembly for my kid of some sort years back during the crisis and the guy in front of me was talking about his severance from Chase that was something like 65 weeks pay. About the bailout, I don't blame these guys in particular. Chase took the money because they were more or less forced to so the other banks didn't have a "stigma". Once Chase paid the money back, the Treasury had made something like a 40% return on their "investment" in Chase.I can tell you that isn' the case. I can also say it's not all roses. Just what I heard..... Oh and thanks Casper Edited September 24, 2013 by madcat6183 Quote Link to comment Share on other sites More sharing options...
Habi Posted September 24, 2013 Report Share Posted September 24, 2013 About the bailout, I don't blame these guys in particular. Chase took the money because they were more or less forced to so the other banks didn't have a "stigma". Once Chase paid the money back, the Treasury had made something like a 40% return on their "investment" in Chase.Wow! What a nice bank. They paid out millions so the other banks didn't feel bad. Makes perfect business sense to me? Quote Link to comment Share on other sites More sharing options...
DAC Posted September 24, 2013 Report Share Posted September 24, 2013 Just what I heard. It was also five years ago. Chase is a business but they took the money hoping that by so doing, the whole system would survive. Turned out okay even though they paid through the nose when all was said and done. Last post in this one. Back to motorcycle stuff. Quote Link to comment Share on other sites More sharing options...
silentcropduster Posted September 24, 2013 Report Share Posted September 24, 2013 I work for Chase in fraud @ the McCoy Center, doubt my job would ever be on the line - computers cant detect fraud like humans can (yet) Quote Link to comment Share on other sites More sharing options...
Casper Posted September 24, 2013 Author Report Share Posted September 24, 2013 I work for Chase in fraud @ the McCoy Center, doubt my job would ever be on the line - computers cant detect fraud like humans can (yet) So you'd probably not like to hear what I've been working on. Quote Link to comment Share on other sites More sharing options...
madcat6183 Posted September 24, 2013 Report Share Posted September 24, 2013 So you'd probably not like to hear what I've been working on.The cure for AIDS? Quote Link to comment Share on other sites More sharing options...
serpentracer Posted September 24, 2013 Report Share Posted September 24, 2013 (edited) It ain't even that bad... They're laying off a ton of people, but hiring a shit ton too.. Most people are just migrating to new positions and the ones who don't get a fucking baller severance package and chase helps them find new jobs at other companies... They layed off 150 people today at my location and nobody walked out of that meeting upset ... Plus, they give 90 days notice to give you time to apply for other positions in the company... You don't walk in and get let go.. Even give you time off during that 90 days to interview at other companiesit's the new fad. basically get rid of the older workers who make too much and bring in all the kids who don't know better and are willing to work at 1/4 of the rate they're worth.it's happening everywhere. I hope that 5/3 has to make some cuts too. I hope they pissed off enough other people and they closed their checking accounts also when they put an $11 fee to them. they make god damn good money off the interest of my money in their fucking bank, I'm not about to give them another $132 a year.they can suck my dick. I had that account since 1997 and it's always been free. Edited September 24, 2013 by serpentracer Quote Link to comment Share on other sites More sharing options...
max power Posted September 24, 2013 Report Share Posted September 24, 2013 I'm with 5/3. My checking is still free. Quote Link to comment Share on other sites More sharing options...
Kmanlyst Posted September 24, 2013 Report Share Posted September 24, 2013 Great, wife was reading this over my shoulder now she won't stop freaking out. Quote Link to comment Share on other sites More sharing options...
Habi Posted September 24, 2013 Report Share Posted September 24, 2013 No mention of their near billion dollar ruling against them last week? They are just as crooked as the rest of the banks. Not sure there is anything that wouldn't be expected going on here. Quote Link to comment Share on other sites More sharing options...
Steve Butters Posted September 24, 2013 Report Share Posted September 24, 2013 it's the new fad. basically get rid of the older workers who make too much and bring in all the kids who don't know better and are willing to work at 1/4 of the rate they're worth.it's happening everywhere.I hope that 5/3 has to make some cuts too. I hope they pissed off enough other people and they closed their checking accounts also when they put an $11 fee to them. they make god damn good money off the interest of my money in their fucking bank, I'm not about to give them another $132 a year.they can suck my dick. I had that account since 1997 and it's always been free.How so? The people they are cutting get first dibs on all the new jobs. They're just restructuring for new government regulations... And they definitely aren't hiring for 1/4 of what they normally pay.... I work standard collections and make over 60k a year... Doubt they ever paid 240k a year to hourly employees Quote Link to comment Share on other sites More sharing options...
silentcropduster Posted September 24, 2013 Report Share Posted September 24, 2013 How so? The people they are cutting get first dibs on all the new jobs. They're just restructuring for new government regulations... And they definitely aren't hiring for 1/4 of what they normally pay.... I work standard collections and make over 60k a year... Doubt they ever paid 240k a year to hourly employees collections for Chase and make 60k? Impossible. Quote Link to comment Share on other sites More sharing options...
snot Posted September 25, 2013 Report Share Posted September 25, 2013 (edited) it's the new fad. basically get rid of the older workers who make too much and bring in all the kids who don't know better and are willing to work at 1/4 of the rate they're worth.it's happening everywhere.I hope that 5/3 has to make some cuts too. I hope they pissed off enough other people and they closed their checking accounts also when they put an $11 fee to them. they make god damn good money off the interest of my money in their fucking bank, I'm not about to give them another $132 a year.they can suck my dick. I had that account since 1997 and it's always been free.Same with 5/3 I switched to a credit Union. Hiring @ 1/4 of pay. Well my shop has learned they get 1/4 of the work. Kids (18-25) are to busy playing on phones and to much online drama. Not all but most. Edited September 25, 2013 by snot Quote Link to comment Share on other sites More sharing options...
madcat6183 Posted September 25, 2013 Report Share Posted September 25, 2013 collections for Chase and make 60k? Impossible.OT Quote Link to comment Share on other sites More sharing options...
silentcropduster Posted September 25, 2013 Report Share Posted September 25, 2013 OTYeah like 20 hrs a week every week lolsent from double thumbin' it Quote Link to comment Share on other sites More sharing options...
RVTPilot Posted September 25, 2013 Report Share Posted September 25, 2013 They let 40 go from a division up here where my Mrs. works. Her team is as safe as one could, be, we guess, but then again no one ever really is. She has a pretty unique job, and she too said that some of the folks that are getting let go are transitioning into different roles. I know more about Chase that I probably care to. I also know enough that the wife and I both use credit unions. Quote Link to comment Share on other sites More sharing options...
madcat6183 Posted September 25, 2013 Report Share Posted September 25, 2013 Yeah like 20 hrs a week every week lolsent from double thumbin' itTrust me, it's not unrealistic, especialyl Fraud right now. Quote Link to comment Share on other sites More sharing options...
Steve Butters Posted September 25, 2013 Report Share Posted September 25, 2013 (edited) collections for Chase and make 60k? Impossible.No reason to lie bub. 18.19/hr base pay comes to around 38k plus 2250/mo bonus for smashing the easy ass production goals adds another 27k yearly. My "Gross Pay" is sitting right at $64,200/yr. Bet me $500 cash and I'll send you a copy of my paystubs for the past 2 month showing no OT (aside from like maybe 10-20 minutes, where i got stuck on calls for a minute or two after shift ended). We're allowed 10 hrs OT per week also which would gross me another grand a month if wasn't too lazy to work it, which would bring me to around $76k.... Wanna get proved wrong? Let's do it, throw some cash on the table. I work standard base collections, loss mit solicitor on dialer Edited September 25, 2013 by Steve Butters Quote Link to comment Share on other sites More sharing options...
Steve Butters Posted September 25, 2013 Report Share Posted September 25, 2013 (edited) Why you always calling me out anyways? I don't even know you. You tried that shit before when I mentioned a traffic stop back in Ohio. I have no reason to lie about any of that shit. What would that benefit me at all? Edited September 25, 2013 by Steve Butters Quote Link to comment Share on other sites More sharing options...
silentcropduster Posted September 25, 2013 Report Share Posted September 25, 2013 No reason to lie bub. 18.19/hr base pay comes to around 38k plus 2250/mo bonus for smashing the easy ass production goals adds another 27k yearly. Bet me $500 cash and I'll send you a copy of my $3500 pay stub from the last 2wks with zero OT on it. We're allowed 10 hrs OT also which would net me another grand a month if wasn't too lazy to work it.... Wanna get proved wrong? Let's do it, throw some cash on the table. I work standard base collections, loss mit solicitor on dialerId rather not bet money lol. But o believe ya....just didn't think u guys made that much.sent from double thumbin' it Quote Link to comment Share on other sites More sharing options...
silentcropduster Posted September 25, 2013 Report Share Posted September 25, 2013 (edited) I make that but with no bonus :'( must be nice haha sent from double thumbin' it Edited September 25, 2013 by silentcropduster Quote Link to comment Share on other sites More sharing options...
Steve Butters Posted September 25, 2013 Report Share Posted September 25, 2013 Id rather not bet money lol. But o believe ya....just didn't think u guys made that much.sent from double thumbin' it people on dialer do. ownerships collections where my gf works pays 2-3 dollars less and the bonus structure is fucked. they dont do so hot, but she still makes about16/hr and with her mandatory OT and her bonus when she gets it, her checks are $40 less than me......supervisor jobs are cool and everything, but once you get off the phones you take a pay cut....even job coaches.... only even mentioned pay because someone posted that chase is firing everyone and rehiring new employees for 1/4 of the money, which isnt true. UPS does that, ive seen it, I know companies will do it....but that isnt the case currently at chase....you know as well as i do that the reason for all these layoffs and rehires is the reg x BS....it doesnt have to do with some big plot to fire hard working people and replace them with high schoolers at minimum wage Quote Link to comment Share on other sites More sharing options...
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