Jamie Dimon, CEO of JPMorgan Chase, argues that remote work undermines productivity and company culture, stating that employees are inattentive and harder to reach when working from home. He insists that in-person work promotes learning and innovation, referencing a five-day return-to-office mandate for most staff. While he acknowledges that remote work can be beneficial in certain roles, he expresses skepticism about its overall effectiveness, suggesting that working from home has led to various negative outcomes, including poor decision-making and increased bureaucracy.
"I think our employees will be happier over time, and the younger people will learn the right way; it's an apprenticeship system. You can't learn working from your basement."
"Working from home exacerbated the situation by hindering innovation, slowing decision-making, inhibiting information sharing, reducing efficiency, and creating more politics and bureaucracy."
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