JPMorgan plans to hire 2,000 tech workers by year’s end

TL;DR

JPMorgan plans to hire 2,000 tech workers by year's end: reportThe megabank is recruiting engineers despite the cooling global economyJPMorgan Chase & Co. is reportedly planning to add another 2,000 tech engineers to its payroll by the end of 2022 despite widespread concerns over the cooling global economy.|Ticker||Security||Last||Change||Change %||JPM||JPMORGAN CHASE & CO.||104.99||-0.99||-0.93%|"We're definitely still hiring," Beer told the outlet in an interview, adding that the move signals JPMorgan is "a safe place through the uncertain economic times.The bank's ongoing efforts to build up its army of engineers comes as many tech giants, including Google and Facebook parent Meta, are freezing hiring or even trimming jobs as economies slow amid fears of a global recession.Beer noted that competition for talent in the major technology hubs like Silicon Valley has cooled slightly, and JPMorgan aims to use that to its advantage to attract talent in an industry where workers are often drawn to tech firms with major perks rather than banks.GET FOX BUSINESS ON THE GO BY CLICKING HEREBeer told Reuters, "How do we bust the myth and help people understand the innovation that's happening here, the complex problems?""

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