There’s more nuance to what he said if people take time to read the article. I’m a huge fan of working from home, but it has drawbacks. One that Jamie notes is that a lack of office environment is terrible for someone starting their career, which is true.
I assure you, JPMC office environments, as they currently are used, are useless. They’re making everyone operate as though we work from home, while in office. We still use Zoom for everything… 40 feet away from eachother. Its as stupid as it sounds.
I don’t mind visiting the office once in awhile, say 2 or 3 times a month. But to mandate it to every day is asinine. I’m never going back to wasting 3 hours a day sitting in a train/stuck in traffic.
Does it? You are still working the same hours, it’s just that you are spending some of those hours driving. I suppose if you like driving more than your actual job? On the other hand, it makes your labor more expensive, and thus you are less competitive if other people happen to work closer. Why pay someone 8 hours of pay for 4 hours of work when you can pay someone 8 hours of pay for 8 hours of work, either because they live next door or they work remotely?
LOL, because that company did sooooo badly when everyone was remote for COVID. Boo hoo, my real estate is worthless now that remote work has been proven to have no significant impact on productivity–objectively and empirically
The reality is that Jaime Dimon is out of touch. On last year’s employee conference call, he was asked about return to office and how WFH has opened up significant flexibility for employees personal lives, specifically, children’s doctors appointments. He responded that your nanny should be taking the kids to your kids doctor’s appointments so you can work at the office.
businessinsider.com
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