American multinational bank, JPMorgan Chase , has started notifying employees of job cuts as part of a series of downsizing efforts throughout 2025, reports said. JPMorgan Chase , the largest bank in America, has begun employee layoffs affecting fewer than 1,000 workers, with more cuts scheduled throughout 2025. Despite this, the bank is still hiring in ... JPMorgan Chase CEO Jamie Dimon anticipates the bank's headcount will remain steady or increase as AI integration deepens, countering widespread job loss fears. He emphasized AI's role in enhancing productivity and creating new roles in data and technology, rather than leading to significant layoffs . His remarks came as several tech giants are cutting jobs due to automation. JPMorgan Chase layoffs are making headlines as the banking giant moves forward with job cuts in 2025. After enforcing a five-day return-to-office (RTO) mandate igniting a firestorm of employee discontent, the bank now appears to be following in the footsteps of Amazon and Meta with workforce ...
