JP Morgan Chase taking stern steps for its workforce? What the Jamie Dimon-led company is planning to do will surprise you
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'Come back to office', says JP Morgan
The Jamie Dimon-led company has been experimenting with various kinds of work environment practices and is reportedly planning on rolling back to their original practice of making employees attend office 5-days-a-week. This decision could impact thousands of company workers, as JP Morgan and Chase Co. boasts of a whopping 300,000 employees globally.
Is JP Morgan looking at new work modes?
However, there is till room for change around this decision, suggests a report by Bloomberg. If the new rules come into effect, it will require the bank’s managing directors to be in five days a week, something that 60% of the bank’s staff, including many traders and retail branch workers, are already doing. This means that this hybrid environment's abolishing could hurt the upper tier of the workforce, and not the lower bracket.
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-117035815»>Is Jamie Dimon in support of this new work environment change?
Company CEO Jamie Dimon has previously criticized the federal government for not requiring workers to be at their offices more often, and may be taking matters into his own hands, instructing employees to come back to office, and leave behind the 'hybrid leisure'. However, nothing can be said about this decision's finality until it is signed and sealed.
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Who is the CEO of JP Morgan Chase and Co.?
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