Big U.S. banks continue to add jobs as Goldman Sachs cuts staff

NEW YORK, Jan 13 (Reuters) – JPMorgan Chase & Co (JPM.N) and Bank of America Corp (BAC.N) continued to add staff as the economy softens, even after the ranks of the five biggest U.S. lenders swelled by 100,000 since the start of 2020.

The chief financial officers of the two biggest U.S. banks said they would hire selectively despite waning economic growth.

JPMorgan’s (JPM.N) Chief Financial Officer Jeremy Barnum said the bank is still hiring and “in growth mode” in a call with journalists to discuss the bank’s fourth-quarter earnings.

The bank’s headcount will probably rise modestly, although “there will be different adjustments at different times, and we’re seeing that all across the company,” Barnum said.

Bank of America (BAC.N) also continues to hire, particularly in wealth management, while also remaining disciplined on its expenses, Chief Financial Officer Alastair Borthwick told reporters on Friday. Its workforce swelled to 216,823 at

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Legal battles over redistricting maps continue into the new year

Rep. Dan Eubanks, a Republican in the Mississippi state House of Representatives, examines a copy of the House redistricting map. (Rogelio V. Solis/AP)

Every 10 years, political lines are redrawn across the country based on the U.S Census Bureau data, typically by state lawmakers, leading to a host of legal battles over the new maps.

The 2020 census data was released in 2021 after a months-long delay due to the pandemic. By the end of 2022, every state had a new congressional map, but legal challenges to the redrawn districts, some of which allege discrimination against people of color, have continued into the new year.

“It’s a state by state fight,” Dan Vicuna, the national redistricting manager of Common Cause, a voting rights organization, told Yahoo News. “In this country, there’s a long history of using the redistricting process to discriminate against people of color or to discriminate against voters

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Pudu Robotics to Continue Multi-functional and Multi-scene Strategy for its Commercial Service Robots Business in 2023

SHENZHEN, China, Jan. 3, 2023 /PRNewswire/ — Pudu Robotics (“PUDU” or “the Company”), a leading commercial service robot manufacturer, has successfully deployed its robotic solutions in more than 600 cities around the world as of the end of 2022. The Company aims to expand its services and use cases in 2023, as PUDU continues to ramp up its international presence and step up its game in offering the best service robots.

As of the end of 2022, PUDU’s robots were exported to over 60 countries and regions, serving customers in more than 600 cities. Additionally, the robot maker secured shipments of more than 53,000 devices in 2022, achieving a dominant industry market share.

Pudu Robotics Customer Cases

In a bid to bring its robots to more industries, PUDU has partnered with a number of world-known brands and companies, including McDonald’s, Coca-Cola, Carrefour, Marriott, Hilton, Shell plc, MediaMarkt and Accenture.

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From quiet quitting to loud layoffs, will 2022 career trends continue?

Chandra Sahu, 25, left a job in investment banking during the so-called Great Resignation last year, eager to find work that offered more flexibility. The New York City resident said she looked for work that fulfilled her “top priorities,” allowing her to demonstrate her “agency and creativity,” and landed at a startup.

“I wanted to work in a space where I was working closely with a team, where it still had kind of that rapid energy that you have in banking, but super-focused on a user and a problem space,” Sahu said. 

Being able to pursue her interests outside of work was also important to Sahu. “I’ve really tried to prioritize making space for habits in my life, and ultimately lead to the kind of life I want to live,” she said.

Employers may go through ‘culture shift’

Prioritizing quality of life for employees is one of the biggest career

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