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Banking & Finance · United States

JPMorgan Chase layoffs

We've tracked one JPMorgan Chase layoff, in May 2023, affecting 500 people. None of these cuts were publicly blamed on AI. Headcounts are what was reported at the time, and some may have changed since.

People affected

500

Across tracked announcements

Announcements

1

May 2023 → May 2023

AI-attributed

0%

Of affected people

Every tracked announcement

  1. −500

    JPMorgan Chase trimmed about 500 roles, mostly in technology and operations, while still holding thousands of open positions.

    About the figure: Reported by people with knowledge of the move; the bank had about 13,000 open positions at the time.

    Source: CNBC

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Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.