{"id":89630,"date":"2015-06-04T15:15:59","date_gmt":"2015-06-04T13:15:59","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=89630"},"modified":"2015-06-04T15:15:59","modified_gmt":"2015-06-04T13:15:59","slug":"is-this-the-end-for-voicemail","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/banking\/89630\/is-this-the-end-for-voicemail\/","title":{"rendered":"Is this the end for voicemail?"},"content":{"rendered":"<p>One of the world&#8217;s &#8216;<span class=\"st\">megabanks&#8217;<\/span>, JPMorgan Chase &amp; Co. is reportedly ditching voicemail for consumer-bank employees.<\/p>\n<p>Bloomberg reported that the financial services company aims to save $2 billion in annual expenses by removing the service which enables users to exchange personal voice messages; to select and deliver voice information; and to process transactions relating to individuals, organisations, products and services, using an ordinary telephone.<\/p>\n<p>\u201cWe realized that hardly anyone uses voice mail anymore because we\u2019re all carrying something in our pockets that\u2019s going to get texts or e-mail or a phone call,\u201d Gordon Smith, head of JPMorgan\u2019s consumer and community bank, said.<\/p>\n<p>\u201cSo we started to cut those off.\u201d<\/p>\n<p>According to Bllomberg, JPMorgan has 135,908 employees in its retail division, while voicemail services cost $10 a month per line.<\/p>\n<p>Approximately 65% of employees with voicemail had it deactivated, for $3.2 million in annualized savings, said Michael Fusco, a JPMorgan spokesman.<\/p>\n<p>In December Coca-Cola cut voicemail services at its headquarters in the US \u201cto simplify the way we work and increase productivity,\u201d according to an internal memo.<\/p>\n<h3 class=\"my-4\">More on telecoms<\/h3>\n<p><a href=\"http:\/\/businesstech.co.za\/news\/mobile\/87686\/banning-mobile-phones-at-schools-improves-results\/\"><strong>Banning mobile phones at schools improves results<\/strong><\/a><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/internet\/79271\/microsoft-is-making-african-mobile-operators-very-nervous\/\">Microsoft is making African mobile operators very nervous<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the world&#8217;s &#8216;megabanks&#8217;, JPMorgan Chase &#038; Co. is reportedly ditching voicemail for consumer-bank employees.<\/p>\n","protected":false},"author":10,"featured_media":43403,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[961],"tags":[25,1814,5348],"class_list":["post-89630","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-active","tag-coca-cola","tag-jpmorgan-chase-co"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/89630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=89630"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/89630\/revisions"}],"predecessor-version":[{"id":89640,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/89630\/revisions\/89640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/43403"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=89630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=89630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=89630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}