JPMorgan, the biggest bank in the US, intends to mandate that its staff members work from the office five days a week. The hybrid working option, that has been offered to employees since the COVID-19 outbreak, is going to be eliminated as a result.
For more than three lakh workers, the worldwide investment has a three-day work-from-office policy. According to the story, which cited persons with knowledge of the situation. The five-day work-from-office rule is anticipated to be revealed in the coming weeks.
According to the story, JPMorgan spokeswoman declined to comment on the current development. About 70% of JPMorgan employees already work from the office five days a week. Others do so three or four days a week.
Working from an office, Jamie Dimon
Jamie Dimon, CEO of JP Morgan, has been outspoken in advocating for an office-based culture and pointing out the drawbacks of working remotely. One of the first companies to implement a work-from-office policy after the outbreak was the bank. Dimon previously stated that remote working impedes “spontaneous idea generation” and makes it challenging to efficiently manage teams, according to Forbes.
“I can’t believe, when I come down here, the empty buildings,” he stated, expressing his dismay at the empty offices. Your employees are not showing up for work.
Goldman Sachs, a competitor of JPMorgan, requested that its staff members return to work full-time in 2023. It reaffirmed this regulation in 2023 after some workers persisted in working from home. Since then, Goldman Sachs staff members have been in the office five days a week.
Since the COVID-19 outbreak, several businesses implemented hybrid working strategies or shifted to work-from-home arrangements. According to reports, many large corporations, like Amazon, Meta, Apple, and Google, encouraged staff members to return to work last year.
