To the (upper) management, Yes, some people do have the audacity to speak out against you. Deal with it. Not everyone is a mindless ‘unit of labor’ or puppet.

It is ironic how an email like this could even make it outside the firm when so many managers are on top of everything…surely there is no disconnect between management and staff? or perhaps things like this would not occur with managements current ethics? or lack thereof…

It will be a while before the company can recover from this “culture” shock. The people with loyalty and commitment are the ones being forced out.

I have no complaints about Jamie Dimon though; it’s only a matter of time before he figures out that upper management is blowing smoke his way.

Recently, I had a review with my manager. He gave me the normal “schpeil”. Listed my so-called “strengths, and weaknesses”, and then gave me the usual “Meets expectations”.

At the time of my review, I was also looking at employment outside of the company. Eventually the employer offered me a job the following week after my review. When I went to resign, my manager asked “what can we do to make you happy speech”. Then he comments:

“I didn’t tell you this on your review, but you need to work on “A”, “B”, and “C” if you want to get to the next level”.

I was stunned and surprised; my manager was only completely forthcoming with what I needed to work on after I threatened to leave the company. I am now convinced that some upper management willingly withholds guidance and grooming to secure their jobs.

You aren’t allowed to grow at JPMorgan. You are to do as you are told, Period.

Nothing could be farther from the truth.

As for the outsourcing practice, while I believe a global industry runs 24×7, and given the time differences between India and US, it makes good business sense.

However, to replace US employees with TCS employees is a whole different issue. TCS now has control over most of the JPM IT framework.

Guess with that in mind, we are working for an Indian bank. They should probably rename it Bank of Baroda Chase – Or just shorten it to BOB – close to the original Bank One name. Customers would be less confused.

My personal admiration for Jay Rodriguez and spamboxformatt. You spoke the truth, did the morally right thing and I believe you are very honest and decent people.

Also, to all the TCS personnel I have worked with – I have found your work ethic and talent to be outstanding. Congratulations on taking over a major corporation even though it is yet to be recognized or acknowledged.

My condolences to JPM senior management for forfeiting their profitable business to overseas competitors – guised as IT consultants.

To All:

I would like to apologize to everyone on the QA staff and the Development staff for my involvement with the entire off-shoring effort.
I have decided to terminate my employment with JPMC effective immediately because I can no longer work for a company that demonstrates such cold-hearted indifference to loyal employees that have given 25, 30, 38 years of exemplary service to the company.
But most of all I want to apologize for being so naive as to actually believe the two stated reasons for hiring me in the first place:

1). To increase the level of technical expertise of members in the QA group.

2). To assist an outside group (TCS) in the development of automated regression tests to be used by the existing QA staff to more adequately test releases before placing them into production.

In reality, I now know that main purpose for hiring me was to help the TCS group convince upper management that all QA and Development activities could be moved offshore to Bangalore, India. The other secondary purpose for hiring me was to give training classes to the QA staff and then test the staff using unreasonably difficult questions as a means of dismissing staff members as “needing improvement”. Please forgive me for my involvement in this whole process. I didn’t wake-up and see the real agenda until about 2 months ago and realize that something was terribly wrong. Still I chose a few more paychecks rather than doing the right thing. Please forgive me for this. When Paula was dismissed based on a test I was asked to compose, I could no longer deny my complicity in this underhanded affair. Since then I have been more observant and I now realize that the off-shoring effort intends to migrate all TSS Clearing positions in QA and Development to India. So please be on the alert and watch what information you share.

It has been a pleasure working with all of you over the past year, I am sorry that it could not have been under better circumstances. God bless you all and good luck in the future.

Sincerely,

Read my real life horror story about JP Morgan Chase:

http://sexualharassment-alltruth.blogspot.com/2007/07/after-i-was-fired.html

Teqreq

While moving up through the organizational tiers, from Tier I support to Tier III, and yet watching my functional and officer titles slide in the opposite direction via continual reorganization and retitling efforts, my time with Chase draws to a close, and for many of the same reasons as sited in the above.

Chase is the epitome of the story of the three letters…

A manager starts a new job, and while getting settled in at his new desk, discovers a note and three envelopes, marked “1″, “2″, “3″ in the top drawer. THe note tells him that when he fases his first crises, open the first letter, when faced with his second major crises the second, etc.

So, filled with confidence in his new role, he pushes them into the back of the drawer, forgets about ‘em, and gets started..

Things go great for six months, and then the sky caves in. With a major crises, and management demanding answers, in a panic he remembers the three letters…

Ah ha!

So he pulls out the letter marked “1″ and tears it open and reads:

“Blame it on your predecessor.”

Yes!

And so he does, and weathers the storm.

So then three months later, the sky falls in again and once again, in desperation he rips open the second letter to see:

“Reorg.”

That’ll work he muses, and so it does…

So nine months later, it hits the fan again, and smiling to himself, he opens the third letter, and the smile drops off his face:

“Write three letters.”

This is Chase, and with eleven managers in five and a half years, and watching more than one eject with a golden parachute, I can attest to this.

Yes, I dream of writing a letter like this.