JP Morgan CEO Jamie Dimon has strongly rejected calls from employees to ease the bank’s five-day return-to-office policy, brushing off a petition signed by around 950 staff members demanding a remote work option.
During a recent town hall meeting, Dimon launched into an expletive-laden tirade against remote work, stating that employees were not paying attention during Zoom meetings, which he argued hampers efficiency and creativity.
“We allowed three days and two days. But here are the problems, OK? And they are substantial. The younger generation is being damaged by this. They may or may not be in your particular staff, but they are being left behind—socially, in terms of ideas, and in meeting people. In fact, my guess is most of you live in communities a hell of a lot less diverse than this room,” Dimon said.
“And so, it had all these kinds of effects. We actually see these other kids slowly being left behind, and I won’t do that to younger kids. Now, it’s hard to say… ‘You come in, but not your bosses.’ And the other thing, which was full of sh—, which I couldn’t stand listening to anymore, is, ‘Well, if I come in, I just Zoomed to people somewhere.’ So, I also said what you can’t do—which is, we have people Zooming in from different floors. If you’re in the building, go to the meeting.”
“We also had—and you know I’m right about this one—a lot of you were on the f— Zoom, and you were doing the following: looking at your mail, sending texts to each other about what an a— the other person is, not paying attention, not reading your stuff. And if you don’t think that slows down efficiency, creativity, and creates rudeness—it does.”
In leaked audio, Jamie Dimon destroys the idea of working from home.
The question is why wasn’t he this vocal during COVID where this idea was unpopular.
This, “walking on eggshells” BS has to stop.
— Patrick Bet-David (@patrickbetdavid) February 14, 2025
Dimon also reaffirmed his stance by declaring that the decision to return to the office would not be left to managers and that he expects employees to adapt to the new policy…or else find themselves a new job.
“You don’t have to work at JP Morgan. So, the people of you who don’t want to work at the company, that’s fine with me,” Dimon employees. “I’m not mad at you. Don’t be mad at me. It’s a free country. You can walk on your feet. But this company is going to set our own standards and do it our own way. And I’ve had it with this kind of stuff.”
Dimon’s comments come as JP Morgan reported record profits, prompting some employees to question the need for in-person work.
His views align with other leaders on Wall Street and echo sentiments from President Donald Trump, who has called for federal employees to return to the office as well.
Dimon’s directive highlights the ongoing tension between corporate leadership and employee preferences regarding remote work.
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