- JPMorgan Chase rolls out company-wide return-to-office mandate
- The 316,000 workers will have to work in the office full time
- Office work is “the best way to run the business”
Banking giant JPMorgan Chase has ordered all of its 316,000 employees to return to the office full time, marking the end of the company’s flexible hybrid work routine.
The company confirmed that its workers would be required to report to the office five days a week starting in March 2025 (via The guardian).
This shift is reflected across all sectors around the world, as businesses, workers, and experts struggle to determine what the most efficient work routine is.
JPMorgan Chase employees receive RTO mandate
In the years since the pandemic, more and more workers have been forced back into the office, with the tech sector driving the widely adopted three-day policy. More recently, companies have been rolling out return-to-office policies on a large scale, and JPMorgan Chase is the latest.
The news follows similar moves by Dell and Amazon, with Amazon CEO Andy Jassy saying in-person work creates a more collaborative and productive environment.
Although the move to full-time office work is a significant change, more than half of JPMorgan Chase employees already adhered to these principles. Last week’s announcement only brought the rest of the workers into line.
CEO Jamie Dimon acknowledged that many workers prefer hybrid schedules and that not all workers would be on board with the change.
In an internal memo consulted by The guardianDimon wrote: “We are now a few years out of the pandemic and have had time to evaluate the benefits and challenges of remote and hybrid working… We believe this is the best way to run the business. As we’ve already discussed, the benefits of working together in person are substantial and irreplaceable, and the more time we spend together, the more we gain.
A spokesperson added (via Irish weather): “We recognize that moving from hybrid to five days a week in the office may be disruptive and require adjustments for some colleagues.”
