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Posted on 05/18/2025 8:19:11 AM PDT by MinorityRepublican
JPMorgan CEO Jamie Dimon told young workers “you can’t learn working from your basement.” And it’s not just Gen Zers that benefit from face-time in the office, the Wall Street exec also said his 5-day in office mandate will help management and push workers to innovate.
Wall Street has shifted back to office times of old—in-person five days a week, with staffers scrambling for desks and crowding around water coolers. JPMorgan’s CEO Jamie Dimon, who instituted a strict RTO mandate in January, said it’s all critical to the careers of Gen Z.
“It is an apprenticeship system,” Dimon said in an interview with Bloomberg on Thursday, while adding that in-office time ensures young staffers pick up best practices from their seniors. “You can’t learn working from your basement.”
Plus, while some may be less than pleased about the mandate right now, he added, “I think our employees will be happier over time.”
The CEO has been outspoken on the return-to-office debate. But Dimon also understands the appeal of logging in from home; remote work can pan out well for some companies and certain roles. Dimon is just adamant that in-person is the best thing for his business—and no one is swaying his choice.
“I gave a very detailed answer about why [work from home] doesn’t work for young people, why it doesn’t work for management, why it doesn’t work for innovation,” Dimon said. “I completely applaud your right to not want to go to the office every day. But you’re not going to tell JPMorgan what to do.”
(Excerpt) Read more at fortune.com ...
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Just wondering how many people JPM employs who work in places like India?
All the work that really can be done from home is going to be done by AI.
If the work requires in-person human interaction, it will take longer for the AI to steal that job.
Another moron heard from.
If your job allows and can be effective online/at home the company should encourage it. But, all should be told that this will adversely impact their promotibility (sp?). I would not work for a boss I never see.
I really despise these people.
Apples and oranges. Overseas outsourcing employees GO TO AN OFFICE for work. They do not work from home.
I worked in IT and they even had HR employees who were working remote. Who never picked up the phone because they were most likely out shopping or at the nail salon.
I’ve worked remotely and yes, it is nice because you don’t have to commute and you can “multi task” i.e. put a load of laundry in, pop the roast in the oven etc but it isn’t a true working environment. Those who say they are more efficient working from home are kidding themselves.
In other words, work is not the actual task.
Fine. Make younger workers come in so they can learn. As for the rest of us, we’ll pass. Oh? What’s that? You want us to train/teach them? Then pay us for that.
I spent 24 years as a design engineer in Silicon Valley. No one worked from home in those days but schedules varied and it made a huge difference in your career. I had a friend who was a good engineer, but he came in before 7am and left at 5pm because of his commute. He never went anywhere and was poorly reviewed. The most critical time of day was after 5pm. The bosses would get done with all their meetings and circulate around the lab checking on what’s going on. If you were there, great. If not you were forgotten. No one noticed when you came in but leave early and you missed the most important interactions of the day.
” Who never picked up the phone because they were most likely out shopping or at the nail salon.”
At IBM I had 30 minutes to respond or get written up.
That’s not a problem now, since I get the emails on my cellphone, and can respond immediately regardless of where I am.
Exactly.
I worked for a company where everyone worked remote. I never met 1 person I worked with. We had twice weekly audio meetings and phone calls back and forth and that was it. Most everything was done via private groups on whatsapp.
Where things went wrong was around 2000, when millennials started entering the workforce. All of a sudden HR and executive leadership started worrying about how to make the workplace attractive to the latest generation, and how to retain them. As a boomer, it was a little bit jarring.
Fortunately, we’ve seen turnover in our executive leadership, and they have been taking a stronger stance the past couple of years, not being willing to be held hostage by worries about retention. If people choose to leave a good-paying job with excellent benefits because of the company’s remote work policy then we will wish them well, and find their replacements. But since many major employers in our city are also moving away from remote work they may come to regret their choice.
Tell it to Biden ahole
May work for you guys.
But it's not the most efficient way of getting things done.
Bullshit.
Have I ever told you about the time WFH I had seven hours’ sleep in five calendar days?
Considering the “ladders” Corporations pulled up on Millenials, they had to do something, as superficial as it was.
If it's so essential for his employees to work in the office today, he should have made that case five years ago when it really mattered. Instead, he showed all the leadership and fortitude of a wet noodle and allowed a bunch of useless government bureaucrats to declare his workforce to be "non-essential" and work from home.
If I was a JPMorgan employee I would tell the guy that I'll come back to the office when he issues a public apology and resigns.
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