Although only a tiny fraction of the bank’s 297,000 employees posted comments, the volume of pushback was high for what’s typical on the company intranet.
for learning, innovation, and culture. By contrast, Citigroup, UBS, and Bank of New York Mellon have embraced more flexibility as a way to attract and retain talent.
“Working from home was introduced during extraordinary times and leaders have the right to change that, especially now as we are likely to be getting into a recession where profitability will be key,” Temin said.Dimon, who took the helm in 2006, said after sending out the memo that he felt the need for leaders to be available for spontaneous in-office discussions.
He added: “We completely understand that some people don’t want to do it — they can not do it elsewhere.”In the comments on the memo, which were reviewed by Reuters, some employees gave reasons ranging from traffic and costs to work-life balance as factors to consider against a strict policy. Another commenter wrote: “In spite of the claims here, this is not actually about collaboration.” The post was liked by at least 90 readers.
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