CEO Jamie Dimon recently made comments about diversity, equity, and inclusion (DEI) initiatives that indicate that he is

The layoffs are a part of the "regular management of the business", a spokesperson said, adding that the bank still has 14,000 open positions.

JPMorgan Chase has commenced the initial phase of its planned workforce reductions for 2025, notifying fewer than 1,000 employees of layoffs in February, as reported by Barron. This was stated in a report by Business Standard.

JPMorgan Chase (JPM), the world’s largest bank, has begun widespread layoffs a month after posting record annual profits. Maximize Your