JPMorgan Chase reduce about 500 technology and functions positions this 7 days, sources say

JPMorgan Chase reduce about 500 technology and functions positions this 7 days, sources say


Essential Points
  • JPMorgan Chase slice about 500 positions this week, primarily amongst technological innovation and functions groups, in accordance to people today with know-how of the move.
  • The cuts have been spread across the New York-centered firm’s main divisions, explained the folks, who declined to be identified talking about personnel issues.
  • The dismissals come even as JPMorgan seeks to fill about 13,000 open positions, reported just one of the men and women.



Supply

Stocks making the biggest moves premarket: Amazon, Reddit, Strategy, Molina, Strategy, Eli Lilly & more
Finance

Stocks making the biggest moves premarket: Amazon, Reddit, Strategy, Molina, Strategy, Eli Lilly & more

Check out the companies making headlines before the bell. Amazon — Shares tumbled 7% after the ecommerce giant reported $1.95 in earnings per share in the fourth quarter, narrowly missing the consensus forecast of $1.97 per share from analysts polled by LSEG. Amazon also said to expect $200 billion in capital expenditures for 2026. Molina […]

Read More
Stocks making the biggest moves after the bell: Amazon, Reddit, Molina Healthcare, Fortinet and more
Finance

Stocks making the biggest moves after the bell: Amazon, Reddit, Molina Healthcare, Fortinet and more

Check out the companies making headlines in extended trading. Amazon — Shares tumbled 9% after the ecommerce giant reported $1.95 in earnings per share in the fourth quarter, narrowly missing the consensus forecast of $1.97 per share from analysts polled by LSEG. Amazon also said to expect $200 billion in capital expenditures for 2026. Reddit […]

Read More