JPMorgan CEO Jamie Dimon says remote work 'doesn't work in our business'
Published On Mar 12, 2025, 3:45 AM
Jamie Dimon, CEO of JPMorgan Chase, argues that remote work is ineffective for the banking industry. During a talk at Stanford University, he emphasized the importance of in-person collaboration for the firm's culture and communication. Dimon pointed out that while some employees resist returning to the office, the majority of workers in essential roles continued to operate physically throughout the pandemic. He expressed that young employees particularly suffer from missing out on the mentoring and networking that come from being in an office environment.
Stock Forecasts
JPM
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JPMorgan Chase's strong stance against remote work could signal to investors a focus on traditional banking practices and an experienced workforce. The emphasis on office work might strengthen company culture and productivity, potentially benefiting the stock in the long term.
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