510
2 months ago
JPMorgan to employ fewer workers in coming years?
Summary
Wall Street mogul Jamie Dimon spoke about how JPMorgan Chase will hire employees in the near future due to the impact of AI. He said that he has plans to employ fewer employees in the next five years while speaking at Davos. The JPMorgan Chase CEO gave the example of truckers in the US, saying 2 million truckers can't be laid off tomorrow as the process can be phased in over time.