JPMorgan CEO Jamie Dimon says remote work ‘doesn’t work in our business’

Jpmorgan chase ceo Jamie Dimon: He defended his position against a group of college students against remote work, saying that the telecommunications case was “not working in our business.”

The 68-year-old Dimon said that he had “sufficient” during a virtual work when talking to the students of the Stanford University last week.

The student asked Bank executive About the outflow and explanatory speech of the company’s municipality, which relate to the completion of the company’s hybrid work, which has become a common job in recent years, in particular after the end of the coronary alarm epidemic.

He asked the student to advice on how to resolve the issue of virtual work.

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JPMorgan Chase Ceo Jamie Dimon protected its position for a long-distance college students. (Victor J. Blue / Bloomberg Via Getty Images / Getty Images)

Dimon replied that the only group of people disappointed in the office “people in the middle” such as corporate workers.

“If you work in a restaurant, you have to be,” he said. “You all may not know that, but 60% of Americans have worked all the time.”

“Where did you get your Amazon packages? Your beef, your meat, your vodka. Where did you get the wipes? ” He continued, referring to the people who had never had to work remotely, even during the epidemic.

Added Dimon:

Some workers Both in the government and in the private sector, which are allowed to work remotely, as the epidemic has criticized the mandates of officials in recent years.

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Jamie Dimon mentioned that Telework does not work in our business. (KENT NISHIMURA / BLOOMBERG GETTY Images / Getty Images)

There have been some who have even left the office demand that Dimon said he respects.

“We have 10% of our people, which works all the time,” Dimon said. “We are setting up virtual call centers in Baltimore and Detroit. We did it to see that they are effective. They also did it.

“But I don’t support your right to say what JPMorgan’s Gonna does,” he added. “So you have a free market? You can do something I can do something else. That’s what the free market is called. “

JPMorgan Chase announced earlier that employees should return to the office for five days a week, starting this month.

Dimon also said that he wanted people to return to the office because “younger people are left behind.”

Jamie Dimon said he wanted people to return to the office because “younger people are left behind.” (Tom Williams / CQ-Roll Call, Inc Via Getty Images / Getty Images)

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“It simply came to our notice then that you worked during the first month,” he said. “It’s the second year that you have fewer people, you put less assignments, you know less what arises, but it’s for me.

He also stressed the importance of contact with partners in the office, which is not possible with distant work.

“As a management tool when we meet in the morning, we speak these debates, we talk all day.” Hey, a long, permanent update, permanent share of information. So I tell you that it doesn’t work in our business.

Dimon also said that people often deviate from their phones during zoom meetings.