JPMorgan to Hire About 2,000 Engineers Even as Economy SoftensPLANO, Texas—JPMorgan Chase & 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, said on Wednesday.
The biggest U.S. lender added a net more than 5,000 software developers and data scientists last year and aims to attract a couple thousand more at a time when technology giants have stopped hiring or are cutting jobs. Tech workers comprise about 20 percent of the bank’s roughly 278,000-strong global workforce.
“We’re definitely still hiring,” Beer said in an interview at the bank's office in Plano, Texas, at DevUp, an internal JPMorgan conference gathering 500 of the company’s top engineers. The investment signals JPMorgan is “a safe place through the uncertain economic times. … When you’re going into a tough economic time and things are very volatile, it does play into our favor,” Beer said....
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