JP Morgan will cut jobs if we leave the EU

http://www.bbc.co.uk/news/business-36443104

All the major corporations have made it clear- Brexit will mean fewer jobs for British people. Jamie Dimon is one of the biggest names on Wall Street and he's argued strongly for the EU- going as far to say that he has no choice but to reduce their UK headcount.

We will have a weaker financial services industry without the EU- pretty much all the major banks and professional services firms are saying this- yet somehow the Leave campaigners think that they know better than those leading these industries. We need to stay to keep jobs in the City and in other fields of work. There's no need to take this risk.

There you have it plebs. Those bankers who profit insanely from you are telling you what to do. They have no dog in this fight (Honest) and they really really care about your wages or job opportunities or whether you have to wait 2 days or 3 weeks for to see your GP

I wouldn't use JP Morgan or Goldman Sachs as a Remain campaigning tool. It will have the opposite effect, mainly because most people hate bankers and especially these two banks. Don't get me wrong, im a remainer but JP Morgan cutting jobs? Yea, most people won't see that as a bad thing.

Exactly, it just makes me want to Vote Leave just to **** over the people who got cushy jobs.

Oooooo, which firm? What did you do you degree in? Is it fun/fulfilling?

Exactly, it just makes me want to Vote Leave just to **** over the people who got cushy jobs.

I can't say what company, but it's one of the biggest players in the industry.

As a starting job after graduation it's been decent enough but i'm now in a position where i'm looking to move on.



You do realise that not everyone who works at places like JP Morgan is an investment banker on six figures, right? You've got areas like HR, talent acquisition, marketing, risk, customer service, administration, catering, IT support etc all full of people who you can hardly describe as having "cushy jobs" and who will be first in the firing line when there are job cuts to be made.

You sound very bitter.

The financial services industry is a major employer in the UK, this isn't just about 'bankers', this is about all the people supporting the industry in non revenue generative roles.. Their jobs will be gone and their livelihoods are at stake.

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I can't say what company, but it's one of the biggest players in the industry.

As a starting job after graduation it's been decent enough but i'm now in a position where i'm looking to move on.



You do realise that not everyone who works at places like JP Morgan is an investment banker on six figures, right? You've got areas like HR, talent acquisition, marketing, risk, customer service, administration, catering, IT support etc all full of people who you can hardly describe as having "cushy jobs" and who will be first in the firing line when there are job cuts to be made.

You sound very bitter.

Great point... Except that's not how the public is going to see it

This is how the public will see it:

Remain campaign: 7000 jobs in JP Morgan will be lost
Public: JP Morgan? Bankers? Losing their jobs? VOTE LEAVE!!

So, like i said, it's a legitimate point, but in the vast world of politics, you shouldn't use it to support the remain campaign. You can try, but let's face it, they dislike bankers too much to care about what happens to them.

I'm not cold hearted, I'm a realist.

This is why our politics sucks.. People are too lazy to use their brains.

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That's great, but if the public see a chance to hit back at a bank like JP Morgan, they won't mind.

YES, and hence why democracy is so overrated.

You can't trust the public with every decision

There you have it plebs. Those bankers who profit insanely from you are telling you what to do. They have no dog in this fight (Honest) and they really really care about your wages or job opportunities or whether you have to wait 2 days or 3 weeks for to see your GP

Well, I do want to work in banking in the future, so I have a vested interest here lol

YES, and hence why democracy is so overrated.

You can't trust the public with every decision

Do you support the idea that we are even having a referendum? I'm writing a piece on whether direct democracy such as referendums work and the more I read, the less I think they do.

This is why our politics sucks.. People are too lazy to use their brains.

I also find it rich when others hate on finance, law etc, when the UK's GDP is mostly composed of services based industries. Macro Econ 101 should be mandatory in all schools.

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This place is hardly full of pro-EU people, the Brexiters make their opinions heard much more than those who want to remain.

And I find it funny that everyone is scared about marxist/communist regimes like they're the enemy, communism is a half decent idea, its just in practice it doesn't work as history has shown us.

Lastly, that cute little photo you sent us seems to have more white people in it than ethnics, all I see is one bearded ethnic and about 10 white males

Don't care. I am northern and the whole world of banking is totally distant.

I wouldn't use JP Morgan or Goldman Sachs as a Remain campaigning tool. It will have the opposite effect, mainly because most people hate bankers and especially these two banks. Don't get me wrong, im a remainer but JP Morgan cutting jobs? Yea, most people won't see that as a bad thing.