JPMorgan Cuts Fraud Roles Amid Tech Push | Durham News

JPMorgan Chase is cutting 244 jobs at its Plano, Texas campus—mostly in fraud-related roles—despite investing heavily in tech to fight scams and preventing billions in fraud this year. The bank says this is a local adjustment, not a retreat from the area, and affected employees will receive severance and support finding new roles internally. The move reflects broader industry shifts toward efficiency and growth-focused realignment, even as the company reports strong earnings. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/93e78dcd3afe4e2e