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JPMorgan CEO Jamie Dimon Calls For Federal Employees To Return To Office, Says Empty Buildings 'Bother' Him: 'I Can't Believe...'
Benzinga ^ | September 20, 2024 | Navdeep Yadav

Posted on 09/22/2024 2:27:03 PM PDT by MinorityRepublican

JPMorgan Chase CEO Jamie Dimon has called for federal employees in Washington, DC, to return to their offices, highlighting the ongoing debate over remote work policies.

What Happened: Speaking at The Atlantic Festival, Dimon expressed his frustration with the number of empty buildings in the capital, according to Business Insider on Friday.

“By the way, I’d also make Washington, DC, go back to work. I can’t believe, when I come down here, the empty buildings. The people who work for you not going to the office,” he stated,

“That bothers me,” he added. Dimon emphasized that he does not allow such flexibility at JPMorgan.

Why It Matters: Dimon is not alone in his stance. Earlier this week, Amazon CEO Andy Jassy announced that Amazon employees would return to the office five days a week, reverting to pre-pandemic norms.

JPMorgan’s policy mandates managing directors to be in the office full-time, while other employees must work in person at least three days a week. Last year, the Biden Administration also pushed federal employees to return to in-person work.

(Excerpt) Read more at benzinga.com ...


TOPICS: US: District of Columbia
KEYWORDS:
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1 posted on 09/22/2024 2:27:03 PM PDT by MinorityRepublican
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To: MinorityRepublican

Selfish position based on the corporate real estate problem. His only focus is on how he can make money. Workers working from home do not help him.


2 posted on 09/22/2024 2:29:37 PM PDT by ClearCase_guy (My decisions about people are based almost entirely on skin color. I learned this from Democrats.)
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To: MinorityRepublican

Well run for office and make the policy or get appointed to head an agency and give up your CEO pay.


3 posted on 09/22/2024 2:30:38 PM PDT by pas
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To: pas
Well run for office and make the policy or get appointed to head an agency and give up your CEO pay.

It's possible. He may be the next Secretary of Treasury in the Trump Administration.

4 posted on 09/22/2024 2:31:57 PM PDT by MinorityRepublican
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To: MinorityRepublican

I understand things change, business environments change, and all that. But the restaurants, bars, coffee houses, just general shops — their customers are no longer there. What do these people do to earn a living when their clientele are no longer there?


5 posted on 09/22/2024 2:33:04 PM PDT by Lizavetta
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To: MinorityRepublican

I have a better idea.

Declare that anyone who hasn’t been to the office in 24 months is excused from further effort, and should consider themself terminated for cause.


6 posted on 09/22/2024 2:34:16 PM PDT by Jim Noble (Assez de mensonges et de phrases)
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To: Lizavetta
But the restaurants, bars, coffee houses, just general shops — their customers are no longer there.

DC is a ghost town.

7 posted on 09/22/2024 2:35:40 PM PDT by MinorityRepublican
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To: Jim Noble
Declare that anyone who hasn’t been to the office in 24 months is excused from further effort, and should consider themself terminated for cause.

That's what Elon Musk did at Twitter. Got rid of 80% of his workforce.

8 posted on 09/22/2024 2:36:19 PM PDT by MinorityRepublican
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To: MinorityRepublican
I assure you they are doing as much work from home as they would in the office.

If you get 15 minutes a month of actual work out of a bureaucrat it is a bleeding miracle.

9 posted on 09/22/2024 2:36:39 PM PDT by Harmless Teddy Bear ( Not my circus. Not my monkeys. But I can pick out the clowns at 100 yards.)
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To: Lizavetta

The electronic office has been promised for decades. COVID was just an excuse.

If the paycheck had as reliable attendance as “work-from-home”, people would be singing a different tune.


10 posted on 09/22/2024 2:37:15 PM PDT by Empire_of_Liberty
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To: MinorityRepublican
The poor concrete above-ground bomb shelters are oh so lonely.

Please come back.

Even if you have to walk past those sleeping in doorways, scurry past the insane, watch your step over the needles and excrement.

Even if you have to avert your eyes from the brutalist architecture in order to get through the front security doors, and past the security checkpoint in our lack-of-trust society.

Wait in line for the elevators to the 70th floor so you can crawl back into your cubicle and await your first of many useless meetings that only make completing your meaningless tasks more difficult.

Reconnect with the office politics, your lazy coworkers, your peter-principled boss, your woke HR department, and the vending machines that take your money without giving up their unhealthy goods.

You owe it to yourself, your country, and most importantly: the economy.

All praise be unto Blackrock and Vanguard.

11 posted on 09/22/2024 2:37:25 PM PDT by who_would_fardels_bear (Kafka was an optimist.)
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To: Harmless Teddy Bear
It might actually be a good thing that a government bureaucrat only does 15 minutes of work a month.

A fear the younger more energetic bureaucrats are the ones burning the midnight oil in order to banish oil and other essentials from our lives.

12 posted on 09/22/2024 2:39:36 PM PDT by who_would_fardels_bear (Kafka was an optimist.)
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To: who_would_fardels_bear
It might actually be a good thing that a government bureaucrat only does 15 minutes of work a month. A fear the younger more energetic bureaucrats are the ones burning the midnight oil in order to banish oil and other essentials from our lives.

If this is the direction we're going into, ideally we'll want our government to be more like South Africa. Incompetent and corrupt. So they won't do much to interfere with our lives.

13 posted on 09/22/2024 2:41:17 PM PDT by MinorityRepublican
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To: Empire_of_Liberty

HURRICANE KATRINA SHOWED US HOW MANY GHOST WORKERS CAN BE ON ACTIVE PAYROLLS.......


14 posted on 09/22/2024 2:43:44 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: MinorityRepublican

Finally, something Dimon and I agree upon.


15 posted on 09/22/2024 2:44:02 PM PDT by Mouton (A 150MT hit may not solve our problems now but is a good start. )
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To: Lizavetta

We need to let the free market sort it out. Restaurants and etc thrive where the business is. Perhaps there is more in the suburbs now.

I am not impressed with WFH for many but employers need to do what they need to do to get the optimal work out of people. Let the market work.


16 posted on 09/22/2024 2:44:45 PM PDT by Persevero (You cannot comply your way out of tyranny. )
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To: MinorityRepublican

Next SNOW STORM....see HOW MANY WORKERS ARE ESSENTIAL!!! PROBABLY NOT 5%!!!


17 posted on 09/22/2024 2:45:53 PM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: Persevero
I am not impressed with WFH for many but employers need to do what they need to do to get the optimal work out of people. Let the market work.

If employees refuse to return to the office, their employers are free to lay them off.

I suspect we'll see that happen at Amazon, Starbucks, other corporate employers.

18 posted on 09/22/2024 2:46:44 PM PDT by MinorityRepublican
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To: MinorityRepublican

This will cause global warming.


19 posted on 09/22/2024 2:48:58 PM PDT by alternatives?
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To: who_would_fardels_bear

Thank you!!!!!

Splendid satire.


20 posted on 09/22/2024 2:49:33 PM PDT by one guy in new jersey
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