We had over 275,000 people when I joined and we have a little over 210,000 today. It's likely we'll have less headcount as we look forward both because of just our continuing opportunities to get more efficient. We'd like to do as much of it through attrition as possible.So we try and be very conscious about where do we see efficiencies coming. Where do we have too much process in place. And then as we have attrition in those areas, try and force ourselves to not rehire so we don't have to have people who w ...

A question to those more familiar with the inner workings of @jpmorgan:How much can the firm decrease its headcount by leveraging crypto & AI? https://t.co/CsMEsSLowa ...

mayor. Thank you. Amara Moquy with Bloomberg.Chair Pal, in February, you told Congress that the Fed is quote overworked, maybe not overstaffed. Then in a memo to memo to staff in May announcing a deferred resignation program at the Fed, you said you wanted to ensure that the Fed was quote rightsized. Those two statements appear to be at odds with one another.Could you explain what changed in the roughly three months between those statements that made you decide that fat staff levels at the Fed should declin ...