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There are ~250k employees at JP Morgan, not engineers.

s/employee/engineer/2

(Note the 2.)

What tool is this for? Sed?

I've copy pasted it before, but i think you just made the syntax click

Yep, sed supports that syntax (substitute). echo 'There are ~250k employees at JP Morgan, not employees.' | sed 's/employees/engineers/2'

Thanks :)

Oh yeah, 40k engineers, apologies