While it will likely be the outcome in certain jobs, the goal is not fewer headcount; the goal is compounding performance
JPMorgan ChasePublished by the organization itself (post), no named author
Post: JPMorgan Chase (own site), JPMorgan Chase (own site), 2026.
Checked against the source by a first reader, then confirmed independently by a second reader who fetched the source without seeing the first reader's notes (Independent review agent (Claude Sonnet), blind second pass from passage text and citation only, no repository access, 2026-10-31).
Exact match: "While it will likely be the outcome in certain jobs, the goal is not fewer headcount; the goal is compounding performance…" The sentence continues past the quoted fragment ("with a growth-first mi…"), so the passage is a truncated fragment. It is in the firm's own annual report letter.
JPMorgan Chase, “JPMorgan Chase (own site)”, JPMorgan Chase (own site), 2026. https://www.jpmorganchase.com/ir/annual-report/2025/ar-ceo-letter-jennifer-piepszak Archived at https://the-ai-record.com/passages/jpmorgan-chase-while-will-likely-outcome-certain-jobs-goal-2026
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JPMorgan ChasePublished by the organization itself (post), no named author
Post: JPMorgan Chase (own site), JPMorgan Chase (own site), 2026.
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