“We're not going to make that decision because we're pandering to employees”
Is there such a thing as “pandering to employees”? The employees are doing the real work to keep the company going, while Dimon’s work apparently includes appearing on news stations ridiculing said employees.
Hopefully the next headline we hear about J.P. Morgan will be a mass voluntary attrition.
That's OK, I didn't have any desire to work for that asshole anyway...
Most folks are exponentially more productive when they don't have to waste hours of their day (stressfully) driving/public transit from A to B just to do their job.
The reality is that Jaime Dimon is out of touch. On last year's employee conference call, he was asked about return to office and how WFH has opened up significant flexibility for employees personal lives, specifically, children's doctors appointments. He responded that your nanny should be taking the kids to your kids doctor's appointments so you can work at the office.
I don't mind visiting the office once in awhile, say 2 or 3 times a month. But to mandate it to every day is asinine. I'm never going back to wasting 3 hours a day sitting in a train/stuck in traffic.
I'm all for coming into the office, but I'm no longer commuting on my own dime. You want me in the office, for some messed up reason, my commute is on the clock.
I always raise an eyebrow when people generally claim remote "just does not work." This seems to imply they've only tried one or two ways to set up a remote workforce because there simply hasn't been enough time to honestly try several permutations.
I agree that some jobs cannot do it (those where physically it can't be done, like manufacturing or lab work). But with such a service-based economy, the number of jobs that can be remote is only increasing.
I think it's ultimately more a reflection of an unwillingness or inability to fundamentally restructure the way teams complete work and collaborate. It assumes the way offices work is objectively correct and must be maintained.
The managing challenges of remote work are just different than in-office; they are not more numerous. In-office environments are littered with ineffective, overbearing, and/or intrusive management styles. Management is always squawking that their workers need to be agile and adapt, but they are rarely willing to do the same.
I worked for JPMorgan Chase before and this doesn't surprise me one bit. Such a backasswards company that cares little for its customers or its employees. I will forever avoid doing any sort of business with Chase for as long as I live. Complete trash.
LOL, because that company did sooooo badly when everyone was remote for COVID. Boo hoo, my real estate is worthless now that remote work has been proven to have no significant impact on productivity--objectively and empirically
And this is where we diverge culturally. The rest of us in the workforce that haven't been brain-washed to believe that the old school corporate lifestyle/mentality is the way things should be will go find jobs elsewhere for companies that are much more progressive (or start companies of our own). The Jamie Dimons of the world will be left with only their vacant ass commercial real estate still saying "nobody wants to work" or some shit.
Ya these people are so out of touch (so more likely they want people in buildings so they are getting people to come in so buildings aren’t empty) that’s my guess at least.
Business don’t wanna pay for a lease with no one in there, since work from home can be fine but they seem to despise it. Makes no sense.
Oh, alright. That's pretty much what I've been doing. Is he expecting the people do back down on idiotic threats? I've been on the job hunt for pretty much exactly 19 minutes before I've got a call from HR of my new company and two meetings later they were happy to give me a remote first contract. At least where I am it's not hard to get a good paying job from home if you've got some experience. My colleague had a harsher time because she was just getting into development, but it was not like she had to hunt for long.
There’s more nuance to what he said if people take time to read the article. I’m a huge fan of working from home, but it has drawbacks. One that Jamie notes is that a lack of office environment is terrible for someone starting their career, which is true.