Dimon Says JPMorgan Headcount to Keep Rising Despite Automation

While JPMorgan is abusing technology to reduce costs, that helps create other opportunities, Dimon said during a discussion on the impact technology is having in matters of employment. In the investment bank, the conglomerate now fills fewer buyers and salespeople than it used to, but more architects and coders, he announced. Companywide, the bank had 246,345 hires at the end of March, about 4 percent more than a year earlier. Jpmorgan chase & co.Chief Executive Officer Jamie Dimon said that the number of employees at his bank will continue to rise as the firm hires more technology workers and expands overseasJPMorgan Chase (JPM) are higher in early trading after the bank’s profits and revenue topped Wall Street expectations. Earnings per share reached $1.65, beating analysts’ estimates of $1.52. Revenue came in at $25.6 billion. Revenues from investment banking jumped 34% year-over-year to $1.65 billion on an increase in debt and equity underwriting activity.