"Small business owners are facing difficult challenges with persistent inflation, supply chain disruptions and expense pressure," Ben Walter, CEO of business banking at Chase, said in a statement.
"We know that banks play a critical role in the long-term success of small businesses and their communities. This investment in our workforce is a testament to our commitment to our clients and our intent to support them through the business cycle."
This makes me less concerned about the jobs that are being eliminated. A rotation into more relevant and sophisticated careers should be embraced.
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