'This is part of our regular management of ...,' says JPMorgan Chase as job cuts start at America's largest bank
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 several areas, maintaining about 14,000 open positions. These layoffs are part of regular business management, with the company achieving record revenue and profits in 2024.
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 several areas, maintaining about 14,000 open positions. These layoffs are part of regular business management, with the company achieving record revenue and profits in 2024.
