Dimon Signals to Wall Street It’s Time to Return to the Office
- JPMorgan staff to come back on a rotating basis, with 50% cap
- Bank executives have agitated for a return to offices
This article is for subscribers only.
Jamie Dimon is sending a message to his fellow Wall Street chiefs: It’s time to bring employees back to the office.
JPMorgan Chase & Co. became the first major U.S. bank to mandate a return to offices for its entire U.S. workforce, with staffers being told they’ll need to come back in about two months. The lender’s top decision-making body, led by Chief Executive Officer Dimon, said in a memo to staff Tuesday that it “would fully expect that by early July, all U.S.-based employees will be in the office on a consistent rotational schedule.”