JPMorgan CEO Jamie Dimon has become a TikTok sensation after comments he made about work-from-home at a recent town hall meeting went viral. However, audio recordings of the meeting reveal that remote work was just one aspect of his conversation with employees.
Dimon fielded questions on AI taking jobs and how to adapt, stating “Attrition is your friend” – a phrase he used to encourage employees to welcome the change and figure out ways to adjust. He also addressed concerns about young people falling behind by emphasizing that those who are not working full-time may be missing out on opportunities.
The JPMorgan CEO expressed his support for President Trump’s removal of director Rohit Chopra from the Consumer Financial Protection Bureau, citing that the agency had “massively overstepped their authority.” Dimon suggested that the CFPB could be used more effectively to target nonbank financial institutions, such as payday lenders.
Dimon also acknowledged the bank’s failures in competing with fintech companies and emphasized the importance of catching up. He encouraged employees to innovate and think about what their clients really want – faster and more secure transactions.
The comments have raised questions about Dimon’s approach to work-life balance and how it may impact JPMorgan employees. The bank has recently announced plans to require all employees to return to the office five days a week starting in March.
Source: https://www.businessinsider.com/jamie-dimon-wfh-comments-jpmorgan-town-hall-cfpb-ai-attrition-2025-2