The CEO of JPMorgan Chase, Jamie Dimon, reveals his latest concerns for the American economy and the planned impact of imminent banking regulations.
CEO of JPMorgan Jamie Dimon Unleashed the employees who had argued strongly so that the Wall Street giant withdrew from its return to the five -day office.
“Do not waste time. By Reuters.
Dimon referred to a petition which was circulating among a group of workers opposed to the last company’s policy, which forced hybrid workers to return full time to the office.
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The company told employees In January, that his new policy would take effect in March, effectively dissolving his hybrid model. This sparked frustrations among certain staff members, which made 950 people sign a petition to remove the policy, according to Reuters. However, this figure turns pale compared to the global workforce of the bank, which totals more than 317,000 employees.
However, more than 60% of its employees were already in the full -time office even before this announcement.
JPMorgan refused to comment.
Jamie Dimon at the Institute of International Finance at the IMF and World Bank annual meetings in Washington, DC, October 24, 2024. (Kent Nishimura / Bloomberg via / Getty Images)
Dimon also told the Town Hall that there are “zero luck” managers to determine the current requirements, saying that “the abuse that took place is extraordinary”.
Since the first days of the pandemic, Dimon has clearly indicated that he was against remote work, since he has embarrassed productivity. At his town hall, Dimon even noted that some staff members had trouble paying attention during zooms, reducing efficiency and creativity.
The JP Morgan Chase tower on Park Avenue, Manhattan, New York. (Tim Clayton / Corbis via / Getty Images)
His business was one of the first among the competitors to facilitate office restrictions during the pandemic. The best traders were recalled at the office at the end of 2020. However, most of the employees returned on a hilly basis the following year, according to reports. Management directors returned full -time in April 2023.
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The company behaved well in the meantime, because its profit has reached a record level in 2024 thanks to a resurgence of the agreement. In mid-January, JPMorgan declared that there were managed income of nearly $ 43.74 billion for the fourth quarter. Its quarterly net profit came at $ 14 billion, marking a 50% leap from one year to the next.
He had 4 dollars of active and $ 345 billion in equity at the end of 2024, according to the company.
