JPMorgan Chase is set to begin a series of job cuts starting in February 2025, with the initial round expected to affect fewer than 1,000 employees. The bank claims these layoffs are a routine part of managing their business, and that only a small number of employees will be impacted. However, more layoffs are expected throughout the year and there is no exact number on how many people will be affected. Amidst the news, JPMorgan also states that they have open positions and will redeploy some of the affected employees. This announcement comes after Infosys fired 500 fresh recruits in Mysuru, causing controversy and outrage amongst netizens.