JPMorgan Chase CEO Jamie Dimon reiterated his opposition to remote work, emphasizing that in-office environments lead to happier employees and better mentorship, especially for younger workers. During his remarks, Dimon noted that nearly 10% of the bank's staff remains remote and argued against hybrid work models, citing productivity concerns and disengagement during virtual meetings. He highlighted the importance of on-site work, contrasting the experiences of white-collar workers with those on the frontlines during the pandemic, pushing back against employee demands for flexibility in work arrangements.
"I think our employees will be happier over time. And the younger people will learn the right way, it's an apprenticeship system. And you can't learn working from your basement."
"I completely applaud your right to not want to go to the office every day. But you're not going to tell JPMorgan what to do."
"A lot of you were on the fu**ing Zoom and you were doing the following: looking at your mail, sending texts to each other about what an asshole the other person is, not paying attention, not reading your stuff."
"Don't give me this s**t that work-from-home-Fridays works. I call a lot of people on Fridays, and there's not a goddamn person you can get a hold of."
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