JPMorgan Chase, the largest bank in the US, is reportedly planning to end remote work and require its over 300,000 employees to work from the office five days a week. The move comes after the company’s CEO, Jamie Dimon, has long been vocal about his preference for in-person work arrangements.
In April 2023, JPMorgan’s managing directors were required to return to the office full-time, and now Bloomberg reports that all employees will be subject to the same requirement. The new policy is expected to come within weeks and will end a hybrid-work option that had been available to many staff members.
Dimon has expressed his views on remote work in several interviews and statements. In 2024, he said that face-to-face interaction is essential for innovation, collaboration, and learning. He also criticized the trend of empty government buildings during the pandemic, saying it was unacceptable.
While JPMorgan’s decision to end remote work may come as a surprise to some employees, there are still many companies that offer flexible remote-work options. Several top organizations, including those listed on US News & World Report, currently hire for high-paying remote jobs with full benefit packages.
For JPMorgan employees who may be affected by the new policy, there is still hope for finding alternative work arrangements. Remote job listings are available through various websites, such as FlexJobs, Remote.co, and Indeed.com. The search for flexible work options continues, even in a world where some large corporations are shifting towards more traditional office-based policies.
Source: https://www.forbes.com/sites/terinaallen/2025/01/09/jpmorgan-ending-remote-work-for-300000-employees-report