JPMorgan Weighs Full Return to Office for All Staff

JPMorgan Chase & Co is developing plans to end remote work entirely, potentially becoming the latest major financial institution to fully return to pre-pandemic office arrangements, Bloomberg News reported on Tuesday.

The move by America’s largest bank would align with recent corporate shifts toward traditional work models, following Amazon.com’s mandate for five-day office attendance starting this month.

Currently, about 70% of JPMorgan’s 316,043 employees already work from offices full-time, with the remaining staff maintaining hybrid schedules of three to four days per week, according to a company spokesperson who declined to comment on specific policy changes.

The bank’s return-to-office evolution has been gradual. In July 2021, JPMorgan began recalling employees, prioritizing branch staff and investment banking roles. By April 2022, the bank allowed 40% of its then 270,000-strong workforce to adopt hybrid arrangements, while 10% remained fully remote. A year later, all managing directors were required to return full-time, regardless of their department.

JPMorgan CEO Jamie Dimon has consistently advocated against remote work. During a September interview with The Atlantic, he said that the sight of empty buildings “bothers” him. 

“I can’t believe, when I come down here, the empty buildings. The people who work for you not going to the office,” he said. “That bothers me. I don’t allow that.”


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Gold Could Reach $6,000 by 2029 on Small Shift from US Assets – JPMorgan

JPMorgan analysts predict gold could surge to $6,000 per ounce by 2029, an 80% increase...

Monday, May 12, 2025, 12:59:00 PM

JPMorgan Chase Pays $290 Million in Landmark Epstein Trafficking Settlement

JPMorgan Chase has agreed to pay a $290 million settlement following a federal class-action lawsuit...

Tuesday, June 13, 2023, 07:29:00 AM

JPMorgan CEO: Bitcoin Has No Intrinsic Value, Regulators Will ‘Regulate the Hell Out Of It’

JPMorgan Chase CEO Jamie Dimon has reiterated his disapproval of bitcoin, once again calling the...

Monday, October 11, 2021, 11:34:00 AM

US Virgin Islands Unseals Ex-JPMorgan Exec Emails With Jeffrey Epstein, Bolstering Bank’s Role In Sex Trafficking Scheme

According to recently unsealed parts of a federal complaint by the US Virgin Islands (USVI)...

Thursday, February 16, 2023, 12:48:00 PM

US Economic Recovery Hits Standstill After Consumer Spending Declines Once Again

According to consumer spending data compiled by JPMorgan, it appears that the economic recovery in...

Tuesday, August 4, 2020, 03:41:34 PM