40,000 techies in India to get hired in JP Morgan this year

Bengaluru: JP Morgan is seeking nearly 4,000 experienced technologists in India this year. Presently, it has over 35,000 employees in technology and operations across Bengaluru, Mumbai and Hyderabad. The centres give support to the investment bank’s global operations.

“Technology is critical to our client success and business strategy. We are always looking to grow our talent to support this, including in areas such as cloud, big data, AI, machine learning, digital platforms and cybersecurity”, said Gaurav Ahluwalia, head of HR India corporate centres in JP Morgan. Bengaluru will witness the majority of hiring. Ahluwalia said, “With a $12 billion annual budget and more than 50,000 technologists globally, our focus on technology has a direct impact on the productivity, performance and satisfaction of our global clients as well as the firm’s 250,000 employees worldwide. This is why we continue to make significant investments in technology and the people who build it.”

Jamie Dimon, CEO of JP Morgan, recently stated that the bank has committed $2 million to provide support to Covid relief efforts, including to the USIndia Friendship Alliance. The contributions will aid in improving the capacity and supply chains of small hospitals. The bank also said that it will open a matching campaign for employees all over the world to contribute to select organisations supporting Covid relief, the firm will match the contribution 1:1.

Currently, the firm has around 35,000 employees in technology and operations across Bengaluru, Mumbai and Hyderabad.