JPMorgan Plans a Five-Day Return-to-Office Policy

It’s a landmark post-pandemic moment. Wall Street heavy hitter JPMorgan is about to put a pin in work-from-home and end its hybrid work allowance. The decision, expected to be announced in the coming weeks, would expand existing rules announced in 2023 that required managing directors to be in all week. It marks a return to pre-Covid expectations for one of the financial world’s biggest names, bringing it in line with competitors including Goldman Sachs, which has long pushed staff back to their desks. It’s also a sign JPMorgan Chief Executive Officer Jamie Dimon is following through on his stated belief that employees work better in-person. And while other rivals may continue to offer flexibility, JPMorgan staffers in New York at least have something to look forward to. The bank is building a 60-story skyscraper in midtown Manhattan that will offer enticements including yoga and cycling rooms, meditation spaces, outdoor areas and a state-of-the-art food hall. —Jordan Parker Erb

Meta will end third-party fact checking across its social media platforms. Instead, it will let users comment on posts’ accuracy with a community notes system. Meta’s fact-checking system was set up in 2016 when the site became a haven for election misinformation. The decision to remove it aligns the platform more closely with Elon Musk’s X. The move also comes amid heightened political pressure as Donald Trump prepares for his second term: Trump has previously called Facebook “an enemy of the people,” and threatened to send “election fraudsters”—Mark Zuckerberg included—to prison. In a video announcing the change, Zuckerberg—under whom Meta donated $1 million to Trump’s inaugural committee—said recent elections “feel like a cultural tipping point to once again prioritizing speech.”