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Brian Harrod
@GetTheDailyDirt
May 22
JP MORGAN: Massive AI push sparks fears of mass job losses on Wall Street AI NEWS: JPMorgan CEO Jamie Dimon said in a new interview that the bank will likely hire more artificial intelligence specialists and fewer traditional bankers. Speaking from Shanghai, Dimon stated, "There will be all different types of jobs, and I think we will be hiring more AI people and fewer bankers in certain categories, and it will make them more productive." He added, "I think it will reduce our jobs down the road." Dimon told Bloomberg News that JPMorgan's 10 percent annual attrition rate, affecting 25,000 to 30,000 employees, allows for gradual management. Dimon's comments align with a global trend of banks increasing AI investments, reshaping workforces and job roles. Standard Chartered, for example, plans to cut 7,000 jobs over four years, replacing "lower-value human capital" with technology. This wider shift to AI-driven job cuts deepens concerns among investors and economists that AI will upend industries, with job losses emerging in sectors most exposed to automation. He suggested retraining staff, redeploying workers, or offering early retirement instead of large layoffs.
#JPMorgan
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#WallStreetAI
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#DimonAI
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#WallStreet
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#AIHiring
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#BankerJobs
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#Automation
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#WorkforceShift
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#AIInvestment
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#JobDisplacement
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#FutureOfWork
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#AIvsBankers
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#JPMorganAI
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#MassLayoffs
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#TechTransformation
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#FinancialSector
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#AIProductivity
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#Retraining
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#AIAdoption
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#BankingAutomation
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#DimonQuotes
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#AIeconomy
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Linda Mazure 🎗️ (Vinotava)
@Vinotava
Mar 21
Irānas atbildes trieciens Izraēlas Dimonai.
AFP News Agency
@AFP
Mar 21
#BREAKING
Israel medics say injured toll from strike on nuclear town rises to 39
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Korosi Jonathan
@KorosiJonathan
6 Jul 2025
Replying to
@MiaWhitemiller
Magyarul, így lett Izraelnek eltitkolt atomfegyvere. Nagyjából 250-300 robbanófejük van a Dimonai atomerőmű nagyon mélyen lévő tárolói alatt.
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🇭🇺 Mia White 🇧🇾 🇷🇺
@MiaWhitemiller
13 Jun 2025
Nos, 🇨🇳 segíti a szövetségesét! 💪🇮🇷 Eközben a dimonai ☢️ létesítményt találat érte 🇮🇱ben... 👇👇👇
World War 3
@Worldwar_3_
13 Jun 2025
🚨 BREAKING: China Sends Missile Fuel to Iran! 🇨🇳➡️🇮🇷 | 800 Ballistic Missiles in the Works 💣🔥
1:05
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Szent Korona Rádió
@szkrcom
5 Jul 2024
‼️Hoppá ‼️ Húszi fenyegetés érkezett Izraelbe. Ha nem hagyják abba a gázai népirtást, akkor lebombázzák a Dimonai Nukleáris Kutatóközpontot!
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