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Dimon Sees ‘Carrots and Sticks’ Approach to Covid Vaccines

‘It’s hard to make it mandatory,’ JPMorgan’s CEO says of shots
Pandemic may permanently shift where work is done, Dimon says

Bloomberg business news — JPMorgan Chase & Co. Chairman and Chief Executive Officer Jamie Dimon discusses returning workers to the office.Source: Bloomberg)

By

Michelle F Davis

March 1, 2021, 7:02 PM UTCUpdated onMarch 1, 2021, 7:49 PM UTC

While JPMorgan Chase & Co.’s Jamie Dimon would like the bank’s employees to get the Covid-19 vaccine, he said it’s unlikely to require the shots at least for now.

“It’s hard to make it mandatory. There are laws about that,” Dimon, chief executive officer of the biggest U.S. bank, said in an interview Monday on Bloomberg Television. Some firms, such as airlines or hotel companies, may attempt requiring vaccines, he said. “I think what we’d like to do is have carrots and sticks. We want people to take it.”