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JPMorgan to hire more AI specialists and fewer bankers

CEO Jamie Dimon says JPMorgan will hire more AI specialists and fewer bankers. The bank will use its annual attrition rate to manage staff changes gradually.

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JPMorgan Chase & Co CEO Jamie Dimon plans to increase AI staffing while reducing traditional banking roles. The bank's 10% annual attrition rate—roughly 25,000 to 30,000 employees—allows gradual workforce management. Automation investments are reshaping hiring priorities across global finance.

Managing Attrition Over Layoffs
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