JPMorgan Chase Plans Full Return to Office Policy

JPMorgan Chase & Co. is preparing to mandate a full return to the office for all employees five days a week, effectively ending its hybrid work policy that allowed for three days of in-office work. This decision aligns with CEO Jamie Dimon's long-standing criticism of remote work, which he deems ineffective, and follows similar moves by other major banks like Goldman Sachs. Currently, approximately 60% of JPMorgan's workforce is already required to work in the office full-time, a policy initiated in April 2023. The bank, which employs over 300,000 people globally, is expected to announce this policy change in the coming weeks, though it remains subject to modification. This shift reflects a broader trend among Wall Street firms, where policies on remote work continue to vary, with some maintaining hybrid models while others push for full in-person attendance. Dimon has previously voiced his frustrations regarding federal employees working from home, further emphasizing his commitment to in-office collaboration.