I suspect they did okay as most Western European countries / the EU have some pretty strong laws around layoffs and severance.
According to Gemini: While the story you heard contains some factual elements, it blends a few different events from the bank's long history in Bournemouth. Here is the breakdown of what is true, what is likely a misunderstanding, and the current situation. 1. The "Relocation" from London It is true that JPMorgan (the parent of Chase) famously moved a massive portion of its operations from London to Bournemouth, but this wasn't a recent "change of heart." The Original Move: This happened way back in 1986. At the time, it was one of the largest corporate relocations in UK history. The bank moved its technology and back-office operations to the "Chaseside" campus to save on London real estate costs. Ongoing Shifts: Over the decades, there have been several smaller waves where specific teams (particularly in Technology and Operations) were moved from London to Bournemouth to further reduce overhead. 2. The "Changing Minds" and Layoffs The idea that they "changed their minds" and laid everyone off immediately after a move is likely a conflation of two separate, more recent issues: The 2025/2026 Layoffs: Throughout 2025 and into early 2026, JPMorgan Chase has been conducting several rounds of layoffs globally. These aren't specific to Bournemouth—they’ve hit London, New York, and Houston as well. In mid-2025, the bank specifically noted that about 10% of its operations division (which is exactly what the Bournemouth site focuses on) would be reduced due to increased efficiency from AI. +1 The Return-to-Office (RTO) Clash: There was a major "change of heart" regarding remote work. After the pandemic, many staff moved further away from offices (or to the coast). In early 2025, the bank mandated a strict five-day-a-week return to the office. This caused significant friction, as people who had relocated under the assumption of hybrid work were suddenly forced to commute or quit. +1 3. The Current Status of Bournemouth Contrary to the idea of the bank abandoning the location, they are actually doubling down on it: Massive Investment: In October 2025, JPMorgan announced a £350 million investment to modernize the Bournemouth campus into a "world-class technology hub." Staffing: Bournemouth remains the bank's largest site outside of London, currently employing over 5,000 people.
Eh, it absolutely does. You're buying a player who will have a greatly reduced resale value at the end of the contract not to mention there would some concern that at that age the player might not be in his prime in the last year or two of the deal. As for comparing him to recent DM purchases in the PL, three of those were ~23, so we're talking about players who 1) might further develop as players after that sale and 2) should still have significant transfer value near the end of their contract. The other is simply one of the best all around DM's in the game. A better comparison for me is Joao Palhinha who Fulham sold a couple days after his 29th birthday. He was 1) a better pure destroyer than TA and 2) offered more going forward...a better player all around player (who also didn't have the injury history of TA) and he went for ~£45M. For me ~£40M for Tyler seems like just about the high end limit, and that's if his injury history doesn't concern you. £60M for a TA without the injury history (as one poster suggested)...you're having a laugh.
I know they opened the Bournemouth office in 1986 (that's when I moved to London) but they moved their back office operations in the 1990s. The story at the time was a lot of people who had moved were laid off shortly afterwards. But Chase are a hire and fire company (like Merrill) they tend to lay off hundreds and 6 months later starting hiring again like crazy, or they used to anyway.
PSV continue sniffing for Peyton Miller as a Dest replacement for this summer, who is expected to be sold. Also interested in Liverpool's Figueroa PSV en Stewart azen op Amerikanen Figueroa en Miller
Nothing new here. Reports in the UK continue to say that big clubs are after Antonee, with Liverpool being his desired destination. Despite interest from Manchester United, USMNT and Fulham left back Antonee Robinson reportedly prefers to join Liverpool and play at Anfield instead, with both clubs looking to strengthen at the position.Robinson is valued by Fulham at £25M ($33.5M). pic.twitter.com/1StgQo8wo6— USMNT Only (@usmntonly) March 11, 2026
Nothing new here is right. Given the source (Team Talk is one of the worst out there) this looks like a recycled rumor from last summer or earlier. If you've watched Antonee so far this season it's extremely difficult to imagine that any club would play ~$30M for him. He hasn't looked particularly close to the player he was before the surgery. Hell, even if he was the same player ~$30M is pushing it for a 29 year old (age he'll be at start of next season) with his limitations.
Pepi to Fulham is apparently "imminent" according to one of the more reliable journalists covering PSV (@RikElfrink, article behind a paywall). The article also apparently says that Dest is also likely to leave PSV this summer. Ricardo Pepi is nearing his desired transfer to Fulham, as an agreement between all parties is imminent according to @ED_Regio/ @RikElfrink🥇⚫⚪#FFC #Transfers #TransferNews https://t.co/pABABhbuyF— FulhamFanNews (@FulhamTransfer) March 16, 2026
Not for much longer, which is the point....................... Liverpool 'agree' Celtic deal as big Andy Robertson update drops Clubs can always use help at left back. Let's not forget that Fulham's coach is out of contract this summer. That might influence what's going on there. Who knows? It might be a bit of a reset. Tyler Adams' coach is also out of contract. As is, famously, Chris Richards' coach.
Jonathon klinsmann also got a new coach…….. Ashley Cole. His team sits precariously in last playoff spot and have been slipping , thus the reason for the new coach hire I imagine
I think Fulham would bite a club's hand off for ~$30M for Antonee Robinson this summer. But at age 29, coming off an injury and playing like he's played so far this season (he was ok yesterday, but still not anywhere close to his best...and even at his best there were aspects to his game that made me skeptical of a move to a top club) nobody is going to be willing to pay that. Again, that report you linked to the other day is an old recycled rumor from one of the worst transfer sources out there.
Robertson rumor based on a sighting at a Celtic game. He's a lifelong Celtic fan. That article goes on to say that he may consider Celtic if Liverpool decide they don't want him.
A couple of updates on Pepi to Fulham. 🚨⚪️⚫️ Fulham reach verbal agreement to sign Ricardo Pepi from PSV Eindhoven, here we go!Formal steps to follow for €36m package deal agreed between clubs.Personal terms also agreed. 🇺🇸Pepi could undergo his medical at Fulham in the upcoming days. 🔜 pic.twitter.com/0NbLuSsksH— Fabrizio Romano (@FabrizioRomano) March 17, 2026 PSV gaat Ricardo Pepi - ijs en weder dienende - verkopen aan #Fulham. En het kan deze week zelfs nog, als alles meezit. Er zit nu echt schot in de zaak, bevestigen meerdere bronnen. Zo meer.— Rik Elfrink (@RikElfrink) March 17, 2026 🚨Deal now agreed between #Fulham & #PSV for #USMNT striker Ricardo Pepi. The striker will undergo a medical before the upcoming international break provided there are no more changes between the clubs. 🩺Fulham edging closer to getting their man! ⚫⚪#FFC #Transfers… pic.twitter.com/ANyarzeax6— FulhamFanNews (@FulhamTransfer) March 17, 2026
With the transfer windows closed, why are Pepi deals being talked about now. Is this a pre-deal that will go through when the window opens? Seems very odd this far out of so.
Yes. Fulham wanted him in January but couldn't get the deal over the line (reporting suggested PSV was open to the deal but eventually decided they didn't want to lose him in January) but there were reports immediately after deadline day that both sides were open to completing a deal before the summer.
I was also confused by this because of the he's getting a medical part. Maybe that's common on a pre-deal but he could get hurt before fall.
It would certainly make sense. I imagine the acquiring club would like to confirm there are no chronic/preexisting issues before finalizing the deal.