02:26 PM EST, 12/03/2024 (MT Newswires) -- JPMorgan Chase ( JPM ) plans to hire 300 employees in Orlando over the next two years, Bloomberg reported Tuesday, citing a company statement.

The firm will renovate its 250,000-square-foot campus in central Florida, which currently supports over 2,000 employees, the report said. The project is expected to create 400 construction jobs and inject approximately $280 million into the local economy, it added.

JPMorgan ( JPM ) did not immediately respond to MT Newswires' request for comment.

JPMorgan ( JPM ) shares were down 0.2% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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