JPMorgan to hire about 2,000 engineers even as economy softens

Question

JPMorgan Chase &amp; Co plans to hire about 2,000 engineers worldwide through the end of the year despite a worsening economy, its global chief information officer, Lori Beer.The roles will be across general software engineering, data science, cybersecurity and cloud computing, among other areas.https://www.reuters.com/business/finance/exclusive-jpmorgan-hire-about-2000-engineers-even-economy-softens-2022-09-30/

vWvS5GkSLEvJjBU5zX · Accepted Answer

My experience from Singapore. Just signed an offer with JPMC and on-boarding now.

Aus · Answer

A lot of technology workers in bank support risk management function which is counter cyclical (recession benefits market).Banks tend to cut front office people in recessions (investment banking analysts).

Bgc0813hbyv · Answer

Some people are saying most will be remote and from India but if they do hire a significant number in the states, I expect them to institute rto mandates to bring things back to what they used to be.

83bf0unYBV · Answer

I feel like most of these will be IT jobs in India. They didnt specify which is concerning.

83nyibgVC · Answer

Smart. When the economy picks up again, they'll already have the best employees since there's SO much talent in the market now.

garamond · Answer

Do you have a link to the applications?

JPMorgan to hire about 2,000 engineers even as economy softens

Exclusive: JPMorgan to hire about 2,000 engineers even as economy softens

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