JPMorgan Chase CEO Jamie Dimon scolded workers Wednesday in Columbus, Ohio, right through a fiery inside the city corridor, after staff raised issues with the financial institution’s five-day return-to-office coverage, consistent with audio reviewed by way of The Hill.
“It simply doesn’t work,” Dimon mentioned, relating to insurance policies that let workers to paintings remotely. “And it doesn’t work for creativity. It slows down decisionmaking.”
“And don’t give me the s‑‑‑ that work from home Friday works. I call a lot of people on Friday. There’s not a goddamn person to get a hold of,” he added right through the assembly.
Some staffers on the country’s biggest financial institution joined forces to signal a petition urging the CEO no longer to take away hybrid workdays. On the other hand, Dimon condemned the hassle whilst claiming that work-from-home alternatives are harming the following era of staff.
“The young generation is being damaged by this. That may or may not be in your particular staff, but they are being left behind,” he mentioned right through the development.
“They’re being left in the back of socially, concepts, assembly folks — If truth be told, my bet is maximum of you reside in communities a hell of so much much less numerous than this room,” the CEO added.
Dimon’s feedback drew problems with employee potency. His transfer to require complete in-person attendance observe President Trump’s government order directing federal workers to bodily go back to places of work for paintings right away. He has additionally defended Trump’s tariff threats.
“You don’t need to paintings at JP Morgan. So, the folk of you who don’t need to paintings on the corporate, that’s effective with me,” Dimon told the crowd. “I’m no longer mad at you. Don’t be mad at me.”
“It’s a unfastened nation. You’ll stroll to your ft. However this corporate goes to set our personal requirements and do it our personal method. And I’ve had it with this sort of stuff,” he added.
JPMorgan Chase didn’t right away reply to The Hill’s request for remark.
The corporate, which employs greater than 300,000 staff, plans to put off fewer than 1,000 folks in February and plans to announce further cuts in mid-March, Might, June, August, and September, consistent with studies from Barrons.
