JPMorgan Reportedly Ending Remote Work For More Than 300,000 Employees
It’s JPMorgan’s turn. AT&T did it. Amazon did it. Walmart did it too. Many large corporations and institutions are calling quits on remote work. And now, JPMorgan Chase, the largest bank in the U.S., reportedly plans to end remote work and require more than 300,000 employees to work from the office five days a week.
In April 2023, JPMorgan’s managing directors were required to return to the office five days a week. Now Bloomberg reports that all the bank’s employees will soon be required to do the same.
The pending return-to-office announcement is likely to come within weeks and would end “a hybrid-work option for thousands of staff and returning to the attendance policy that was in place before the pandemic,” according to Todd Gillespie and Sridhar Natarajan.
When the chairman and CEO of the company is as vocal an advocate for in-person work arrangements as Jamie Dimon, it could be expected that a return-to-office (RTO) mandate would eventually come. And when this same CEO expresses disbelief about government buildings being empty and views it negatively when federal employees aren’t going into the office, you can expect that his own employees would soon be required to return to the office.
