https://www.cnbc.com/amp/2025/10/15/jpmorgan-chase-goldman-sachs-ai-hiring.html
JPMorgan said Tuesday in its third-quarter earnings report that while profit jumped 12% from a year earlier to $14.4 billion, head count rose by just 1%.
The bank's managers have been told to avoid hiring people as JPMorgan deploys AI across its businesses, CFO Jeremy Barnum told analysts.
@12a CCB and CIB that I know of. Product, tech, marketing. Not sure what other roles we’re impacted.
Any details on what departments? I was in the middle of interviewing for a job and was set to move to the final round but the recruitment team isn’t responding. The role was reposted under a new title and different salary range, which sounds like the role won’t be filled after all
@12a any word on numbers or what groups within ccb cib?
Can confirm there were RIFS yesterday!
Home lending is a fu--ing joke. Looking to leave after the announcement
Does tempe CCS are getting cut since our VP is going to AI project and not being replaced? We are just going under Kevin Hickey
Which departments ?
CCB and CIB (Targeted) both of them according to sources. However, I am hearing before Thanksgiving, but others recently say as early as next week.
Timeline I don't know, but those two LOB yes.