Jamie Dimon isn't a fan of the new remote work structure. “I’m about to cancel all my Zoom meetings,” he said. “I’m done with it.”
"I'm about to cancel all my Zoom meetings," Dimon said. "I'm done with it."
As an illustration, Dimon said he was "brimming with ideas" after a trip to California last year that he wouldn't get from Zoom meetings. He also said clients have told him that in cases where JPMorgan lost business to rivals, it was because "bankers from the other guys visited, and ours didn't. Well, that's a lesson."
Depending on their roles, employees will still be able to work remotely, Dimon said. JPMorgan currently cannot require workers to be vaccinated, and it won't force those who object on religious or health grounds, he said. The shift to part-time remote work is "not going to change everything so dramatically," he said. "It accelerated a trend, but it does not work for younger people. It doesn't work for those who want to hustle, it doesn't work in terms of spontaneous idea generation.""The wife of a husband sent me a nasty note about `How can you make him go back?" Dimon said.Get stock picks, analyst calls, exclusive interviews and access to CNBC TV.
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