JPMorgan Chase & Co. Says Goodbye to Voicemail

The future has arrived and it’s certainly filled with technology. In an interesting move, JPMorgan Chase & Co. has eliminated voicemail for its thousands of employees. This will save them $10 a month per person, as Gordon Smith, the chief executive of the company’s consumer banking operations has said.

As Smith said, “We realize that hardly anyone uses voicemail anymore. We are all carrying something in our pockets that is going to get texts or email or a phone call. We started to cut those off.”

They are cutting the service for employees who don’t deal directly with customers. 

Managers can still keep voice mail for employees who need it.

JPMorgan is taking out 65% of its voicemail boxes and will save $3.2 million a year with this move.

Learn more about this change.