JP Morgan has mandated that its 14,000 London employees return to the office full-time, abandoning its previous hybrid work policy that allowed three days of remote work. This abrupt change has sparked significant backlash among staff, leading over 1,000 employees to sign a petition advocating for flexible work arrangements. The bank's leadership has recognized the desire for hybrid schedules but insists that in-person collaboration is essential. Other major firms like Amazon and Meta are also tightening remote work policies, although some, like Citigroup, are allowing more flexibility as they upgrade their offices.
JP Morgan's decision to end its hybrid working policy has led to significant internal backlash, with over 1,000 employees petitioning for the reinstatement of flexible work.
Chief executive Jamie Dimon made it clear that he does not care about the petition, reaffirming the necessity of full-time office work for employees.
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