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JP Morgan Chase CEO Jamie Dimon Defending his position against distance work for a group of college students, the telework told them that the telework “does not work in our business.”
Dimon, 68, said that last week, he had “enough” of virtual working while talking to students at Stanford University’s Graduate School of Business.
A student asked Bank executive Addressing the end of the hybrid work firm, about their leaks and exposure comments from a company Town Hall, which has become a common workplace practice in recent years, especially after the Koronwirus epidemics.
He was asked to consult the student how to address the issue of virtual work.
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Jamie Dimon, CEO of JP Morgan Chase, defended his position against distance work for a group of college students. (Victor J. Blue / Bloomberg Getty Image / Getty Image)
Dimon replied that the only group of disappointed by the return to the office is “people in the middle”, such as a corporate office worker.
“If you work in a restaurant, you have come in,” he said. “You don’t all know this, but 60% Americans worked all the time.”
“Where did you get your Amazon package? Your beef, your meat, your vodka? Where did you get the diaper?” He continued, mentioning those who never had the option to work during the epidemic.
Dimon said: “You met UPS and Fedex and producer and agriculture and hospitals and cities and schools and schools and nurses and nurses and sanitation and firemen. They all worked.”
Some workers Both the government and the private sector, which have been allowed to function with epidemic in recent years as the epidemic is important for the return-to-office mandate.
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Jamie Dimon said that the telework “does not work in our business.” (Kent Nishimura / Bloomberg Getty Image / Getty Image)
There are also some who have given up a return to the office requirement, which Dimon said that he respects.
Dimon said, “We have 10% of our people working at home the whole time.” “We put virtual call centers in Baltimore and Detroit. We did to see if they will be effective. They are highly effective. They work from home. They are mostly minorities. So we have done this. It is a house run. So I am not against it where it works … I do not want to defend your right to say completely, ‘I don’t want.”
He said, “But I do not defend your right to tell you what JP Morgan is going to do,” he said. “So you have a free market. You can do one thing, I can do another. This is called a free market.”
JP Morgan Chase had earlier announced that employees would have to start from this month and return to office five days a week.
Dimon also said that he wanted people back to the office because “small people are being left behind.”
Jamie Dimon said he wanted people back to the office because “small people are being left behind.” (Tom Williams / CQ-Roll Call, Ink Getty Image / Getty Image)
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“It’s not like the first month you are working,” he said. “This is till the second year, you have fewer people, you put on low assignments, you know what is going on, you have less conversation in water coolers or cafeteria. So it is leaving them behind. I will not do so.
He also emphasized the importance of communication with colleagues in the office which could not be possible with distance work.
“As a management tool, when we meet in the morning, we talk, we have this debate, we are talking throughout the day.” Hey, no, I checked on it, you are right about it, here I think what we should do. ” Dimon said that all day, continuous update, constant part of information.
Dimon also said that people often get distracted by their phones during the zoom meeting.
