JPMorgan Chase executives say they want thousands of employees to “more fuss” days after bank CEO Jamie Dimon corned staff against the five-day return policy to the office. He spoke.
The memo shows tensions with JPMorgan's emphasis on employees citing flexible work policies while citing culture within the office and its strong performance.
“We need more fuss,” Chase Consumer Business Chief Product Officer Rohan Amin wrote in a note to more than 25,000 employees last week. He cited a feedback call on artificial intelligence that encouraged fewer than five responses, citing another example of internal bureaucrats blocking better results.
Some employees balked Amin's criticism, according to two sources that refused to identify discussions about HR issues. In contrast, another source said that Amin received an influx of productive feedback in response to the latest notes.
“A lot is happening. I'm going back to office adjustments, unresolved questions, real estate challenges,” writes Amin. “I also know that uncertainty can be frustrating… That said, I have to ask: Where is the hustle?”
Separately, Dimon told CNBC on Monday that he respects employees who don't want to come to the office five days a week, but his policy remains the same as it is best for his clients and the company.
“I'm not against working from home. I'm against where it doesn't work,” he says, adding that 10% of banking jobs are done remotely. Ta.
Some employees are seeking advice from American communications workers on how to establish labor unions, something unusual in the US financial sector. The petition received 1,200 signatures, Dimon told CNBC.
When asked about in-person work policies during a staff meeting earlier this month, Reuters reported only on Dimon's response. “Don't waste your time. He doesn't care how many people he signed that f-peck at the time,” he said.
On Monday, Dimon told CNBC he shouldn't swear at a city hall meeting.
