Criticising remote work, JP Morgan CEO Jamie Dimon recently said that one trend he did not notice earlier is that many people are not attentive during virtual meetings. Speaking at the Hill and Valley Forum, Jamie Dimon said that work from home may suit some rules, but for most jobs – especially for the young employees – being in the office is important for learning. “They learn by going on a sales call. They learn by seeing you make a mistake. They learn by how you deal with the mistake,” Dimon said, adding that remote work fails to help young people develop their emotional intelligence.
Remote work leads to less ownership: Jamie Dimon
Stating that the problem is universal, Dimon said that managers should also get comfortable sitting in the office. Comparing video calls to the game show Hollywood Squares, Jamie Dimon said that remote work allows less checkups than what one may expect to happen in person. Working from home, Dimon said, causes less ownership of a project and less curiosity.“There’s very little follow-up, a lot more game playing, you know, rope-a-dope type of politics,” he said. He further added that “a lot of people aren’t paying attention at all”.
Jamie Dimon: We’re not in business so my employee’s happy
JP Morgan announces its own five-day in-office policy in 2025. Around 1,200 employees then signed a petition urging the company to keep its flexible hybrid work model. Earlier this year in February, Jamie Dimon lashed out at employees for signing what he saw as a meaningless petition.“Don’t waste time on it,” Dimon reportedly said during the town hall. “I don’t care how many people sign that f—ing petition.”“We’re not in business so my employee’s happy. I’m in business so my customer’s happy, and I want my employee to be happy, but not at the expense of the customer,” Dimon said.
