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JPM-JPMORGAN CHASE & CO

JPMorgan Chase Announces Layoffs of Fewer Than 1,000 Employees While Maintaining 14,000 Open Positions Amid Record Profits and Economic Optimism

Sunday

23 February, 2025

JPMorgan Chase is making strategic workforce adjustments, laying off fewer than 1,000 employees while keeping 14,000 positions open, all amid record profits. Can a company thrive by balancing layoffs with ambitious growth plans in a recovering economy?

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69
Key Takeaways
  • JPMorgan's strategic workforce management includes layoffs while maintaining a strong job opening pipeline of 14,000 positions.
  • The bank achieved record profits in 2024, supported by heightened dealmaking and trading activities.
  • CEO Jamie Dimon's positive outlook for 2025 is fueled by stable interest rates and favorable regulations.
  • The plan to add 500 branches reflects JPMorgan's dedication to sustained growth in a recovering economy.
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