- JPMorgan Chase is the only major bank to see positive headcount growth in 2023
https://www.forbes.com/sites/qai/2023/10/23/big-bank-layoffs-number-thousandswith-more-on-the-way/?sh=5d716a7718f0
10 replies (most recent on top)
It’s just spin JPMC bought to advertise its stock to buyers
I work in HR and about 60% of HR is in Manilla or India. They're even talking about a shortage of recruiters for all the folks they want to hire oversees next year.
@qiw+1pfjgiij - The cuts were not big enough
They’re hiring overseas. Bad quality, but cheap labor.
Cause they let folks go stateside, and shift the work to the drones in Manila.
There will only be field HLA's in the largest branches very soon. Everything else will go to the call center. Bank on it.
They are hiring in manilla they are taking all CCS jobs and are now training to be HLA assistants. There will be more cuts in the US.
The head count across seas is growing... that's about it
Manilla
After all the cuts, I don't get how this is possible.