{"id":1022601,"date":"2026-07-21T10:24:32","date_gmt":"2026-07-21T04:54:32","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1022601"},"modified":"2026-07-21T10:24:32","modified_gmt":"2026-07-21T04:54:32","slug":"jpmorgan-cut-jobs-by-as-much-as-40-in-some-teams-due-to-ai-in-2026-but-ceo-jamie-dimon-makes-it-clear-that-you-dont-uniquely-benefit-from-ai-we-all-use-ai-to","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/21\/jpmorgan-cut-jobs-by-as-much-as-40-in-some-teams-due-to-ai-in-2026-but-ceo-jamie-dimon-makes-it-clear-that-you-dont-uniquely-benefit-from-ai-we-all-use-ai-to\/","title":{"rendered":"JPMorgan cut jobs by as much as 40% in some teams due to AI in 2026, but CEO Jamie Dimon makes it clear that &#8216;you don&#8217;t uniquely benefit from AI, we all use AI to &#8230;&#8217;"},"content":{"rendered":"<p>JPMorgan Chase has revealed that artificial intelligence (AI) has helped the bank reduce headcount by up to 40% in some business areas, yet CEO Jamie Dimon remains unconvinced. He stressed that AI is unlikely to give America&#8217;s biggest bank a lasting competitive advantage, as other companies are adopting the technology as well. Speaking during JPMorgan&#8217;s second-quarter earnings call, Dimon said investors should not expect AI alone to significantly increase the bank&#8217;s profit margins.<\/p>\n<p>&#8220;You don&#8217;t uniquely benefit from AI,&#8221; Dimon said after being asked when AI would begin slowing the bank&#8217;s expense growth. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan Chase has revealed that artificial intelligence (AI) has helped the bank reduce headcount by up to 40% in some business areas, yet CEO Jamie Dimon remains unconvinced. He stressed that AI is unlikely to give America&#8217;s biggest bank a lasting competitive advantage, as other companies are adopting the technology as well. Speaking during JPMorgan&#8217;s second-quarter earnings call, Dimon said investors should not expect AI alone to significantly increase the bank&#8217;s profit margins. &#8220;You don&#8217;t uniquely benefit from AI,&#8221; Dimon said after being asked when AI would begin slowing the bank&#8217;s expense growth.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-1022601","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1022601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1022601"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1022601\/revisions"}],"predecessor-version":[{"id":1022602,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1022601\/revisions\/1022602"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1022601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1022601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1022601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}