More bank employees to pay for own phones.
MarketWatch reports that in its latest round of cost cuts, J.P. Morgan Chase & Co. is picking BlackBerrys.
The bank is hoping to save tens of millions of dollars by eliminating support for the BlackBerry wireless devices next year and mandating that some employees pay for their own devices, BlackBerry or otherwise, according to people close to the bank.
With the bank’s device-policy changes, employees won’t be able to access certain J.P. Morgan email on a BlackBerry. Those who wish to keep a BlackBerry will need to pay for their own data plans.
More bank employees also will need to begin paying for their smartphones, whether it is a BlackBerry or other device.
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