At a “Wall Street Journal” industry event last year, JPMorgan CEO Jamie Dimon weighed in on the idea of remote work, saying it “doesn’t work for people who want to hustle.”
It “doesn’t work for culture, doesn’t work for idea generation,” Dimon continued. “We are getting blowback about coming back internally. But that’s life.”
It appears the blowback won. Earlier this month, a year after JPMorgan had said everyone would be required to return to the office, Dimon conceded he now expects only about half his 270,000-person workforce to return to the office full time — and 10% will work fully remote.