Jobs News Jpmorgan Is Cutting About 500 Jobs

Jobs Down 33%, Stocks Up 75% — Expert Blames Fed Policy, Not AI As 'Scariest Chart In The World' Sparks Internet Debate

A viral chart showing the S&P 500 soaring while job openings plunge has fueled fears that artificial intelligence is splitting the American economy in two. Since ChatGPT's debut in November 2022, the ... Read More

Since ChatGPT launched, job openings are down 30% while the stock market is up 70%. One economist says the true culprit isn’t AI, but monetary policy

A chart making the rounds on social media has sparked intense debate about the state of the American economy. Since November 2022, when ChatGPT launched, the S&P 500 has surged more than 70% while job ... Read More

Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently

It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. Read More

Since ChatGPT’s launch, jobs have shrunk and stocks have surged. But is AI really to blame?

Since ChatGPT launched in November 2022, the economy has seen a 70% surge in the S&P 500 but a 30% drop in job openings. Analysts suggest the decline is largely due to Federal Reserve policies rather ... Read More

JPMorgan cuts at least six investment banking jobs in Hong Kong, sources say

HONG KONG, May 7 (Reuters) - JPMorgan Chase & Co (JPM.N), opens new tab has become the latest Wall Street firm to reduce its workforce in Hong Kong, two sources with knowledge of the matter said, amid ... Read More