Dimon says AI already eliminated 30 to 40 percent of jobs in some JPMorgan divisions
JPMorgan Chase has cut jobs by as much as 40 percent in some parts of the bank using artificial intelligence, CEO Jamie Dimon told analysts during the company’s second-quarter earnings call on Tuesday. But investors hoping the technology will dramatically improve profit margins are likely to be disappointed. Dimon said that in a competitive market, […] This story continues at The Next Web
Record details
Published: 14 July 2026
Source: The Next Web AI
Category: News
Topics: Jobs & economy · Finance, VC & PE
Retrieved: 14 July 2026
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ethics.ai (14 July 2026), “Dimon says AI already eliminated 30 to 40 percent of jobs in some JPMorgan divisions,” evidence record 10223, https://ethics.ai/record/10223 (originally published by The Next Web AI).
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