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/

garamond · Accepted Answer

Do you have a link to the applications?

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.

83bf0unYBV · Answer

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

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.

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).

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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