Episode Details

Two major banks in North Jersey, JPMorgan Chase and UBS, are slashing over three hundred fifty jobs by the end of June, according to state labor filings. JPMorgan Chase is leading with one hundred thirty-four layoffs in Jersey City, following earlier cuts this year that affected at least four hundred seventeen workers. The bank is shifting staff to match needs and filling over seven hundred open roles statewide. UBS plans to cut one hundred three jobs in Weehawken, with no word yet from the company. These moves highlight tougher times in finance, but banks are hiring where demand spikes, offering redeployment chances amid the shifts.

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