JPMorgan, US largest bank, to take stern step against employees soon. What Jamie Dimon-led firm is planning to do?
JPMorgan Chase & Company is reportedly gearing up to order staffers to return to office five days a week- becoming the latest major bank to kill its hybrid work policy. JPMorgan is the largest bank in the United States of America with more than 300,000 employees worldwide and is expected to announce changes related to its Work from Home policy in the next few weeks, reported Bloomberg citing people familiar with the development.
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This decision marks the end of the bank’s hybrid work model and aligns with CEO Jamie Dimon’s long-held belief in the value of in-person collaboration.
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JPMorgan to call employees to office five days a week?
JPMorgan’s mandate comes as part of a broader trend among major financial institutions seeking to restore pre-pandemic workplace norms. Currently, about 60% of JPMorgan’s workforce, including traders and retail branch employees, already work in the office full-time. However, the new policy will now extend to corporate roles that previously enjoyed flexible schedules, signaling a decisive shift in the bank’s operational strategy, according to reports.
It also indicates CEO Jamie Dimon's belief in the effectiveness of in-person work, as he has previously criticized the federal government
