Pretty impressive feat for a bank - a market cap of close to a trillion dollars, and still firing people.

A great crapitalist two-fer - yay!

https://www.msn.com/en-us/money/companies/layoffs-at-jpmorgan-hit-highest-level-since-2015/ar-AA2aAOHR

With consumers in solid shape, investors piling into stock market bets, companies calling on investment bankers, and spenders paying up for credit card perks, the firm notched record revenue in its three major divisions last quarter. The market is thrilled: JPMorgan’s stock has hit 17 new all-time highs this year.

The bank is still laying off hundreds of employees.

The country’s largest lender filed six layoff notices with regulators between February and July, impacting 774 employees in Texas, New Jersey, and California.

It’s the highest total since 2015, according to an analysis of public records by WARN Database. That year, JPMorgan’s Worker Adjustment and Retraining Notification filings, or WARN notices, showed 1,040 employees laid off as the bank retooled its branch strategy and looked to cut costs. JPMorgan also laid off employees throughout 2025.

Did I mention that market cap thing already?

You know, this -> https://companiesmarketcap.com/jp-morgan-chase/marketcap/