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inkeinspires.com > Business > JPMorgan CEO Jamie Dimon says remote work ‘doesn’t work in our business’
Business

JPMorgan CEO Jamie Dimon says remote work ‘doesn’t work in our business’

MTHANNACH
Last updated: March 12, 2025 8:52 am
MTHANNACH Published March 12, 2025
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The CEO of JPMorgan Chase, Jamie Dimon, defended his post against a distance work to a group of students, telling them that telework “does not work in our company”.

Dimon, 68, said that he “had” enough “of virtual work when he was addressed to students of the Graduate School of Business at Stanford University last week.

A student interviewed the bank of the bank about his disclosed and explanatory remarks of a corporate town hall addressing at the end of the hybrid work of the company, which has become a common work in recent years, in particular after the pandemic of the coronavirus.

The student asked by the advice on how to resolve the issue of virtual work.

The CEO of JPMorgan, Jamie Dimon, on Doge’s efforts: “ Hoping that it is quite successful ”

The CEO of JPMorgan Chase, Jamie Dimon, defended his post against the work remotely to a group of students. (Victor J. Blue / Bloomberg via Getty Images / Getty Images)

Dimon replied that the only group of people frustrated by the return to the office is “people in the middle”, like workers from the head office.

“If you work in a restaurant, you have to be there,” he said. “You may not all know that, but 60% of Americans worked all the time.”

“Where did you get your Amazon packages? Your beef, your meat, your vodka? Where did you get the diapers?” He continued, referring to people who never had the opportunity to work from a distance, even during the pandemic.

Dimon added: “You obtained UPS and Fedex and manufacturers and agriculture and hospitals and cities and schools and nurses and sanitation and firefighters and soldiers. They all worked.”

Some government and private sector workers who have been authorized to work from a distance since the pandemic criticized the return to the office in recent years.

Jpmorgan Chase makes the decision to prevent religious and political “speaking” “

Jamie Dimon de Jpmorgan Chase

Jamie Dimon said teleworking “does not work in our business”. (Kent Nishimura / Bloomberg via Getty Images / Getty Images)

There were some who even left the return to the office requirement, which Dimon said he respects.

“We have 10% of our full -time employees at home,” said Dimon. “We have put virtual call centers in Baltimore and Detroit. We have done so to see if they would be effective. They are very effective. They work at home. These are mainly minorities. This is why we have done so. It is a home run. So I am not against it where it works … I also completely defend your right to say:” I do not want. “”

“But I don’t defend your right to tell me what JPMorgan is going to do,” he added. “So you have a free market. You can do one thing, I can do another one. This is called a free market.”

Jpmorgan Chase had previously announced that employees should return to the office five days a week, from this month.

Dimon also said he wanted people to return to the office because “young people are left behind”.

Tobacco

Jamie Dimon said he wanted people to return to the office because “young people are left behind”. (Tom Williams / CQ-Roll Call, included via Getty Images / Getty Images)

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“It’s not like the first month you work,” he said. “It is by the second year that you have fewer people, you are put less to missions, you know less what is happening, you have fewer conversations with the water cooler or in the cafeteria. So, it leaves them behind. I will not do it too. And people always tell me,” well, it works for me. “”

He also stressed the importance of communication with office colleagues who may not be possible with remote work.

“As a management tool, when we meet in the morning, we talk, we have these debates, all day, we are talking.” Hey, no, I checked on it, you are right, here’s what I think we should do. “All day long, a constant update, a constant part of information.

Dimon also said that people were often distracted by their phones during zoom meetings.

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