- JPMorgan Chase implements company-wide return to office mandate
- The 316,000 workers will have to work from the office full time.
- Working in the office is “the best way to manage the company”
Banking giant JPMorgan Chase has ordered its 316,000 workers to return to the office full time, marking the end of the company’s flexible hybrid work routine.
The company confirmed that its workers will have to attend the office five days a week starting in March 2025 (via the guardian).
The change is reflected across industries globally as companies, workers and experts struggle to determine the most effective work routine.
JPMorgan Chase workers receive RTO mandate
In the years following the pandemic, more and more workers were forced to return to the office, and the tech sector pushed for the widely adopted three-day policy. More recently, companies have been implementing return-to-office policies on a large scale, and JPMorgan Chase is the latest.
The news follows similar measures taken by Dell and Amazon, with Amazon CEO Andy Jassy stating that in-person work creates a more collaborative and productive environment.
While the shift to full-time office work is a big change, more than half of JPMorgan Chase workers already adhered to those principles. Last week’s announcement simply puts the rest of the workers in line.
CEO Jamie Dimon acknowledged that many workers prefer hybrid schedules and that not everyone would agree to the change.
In an internal memo seen 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 work… We believe it is the best way to run the company. As we have discussed before, the benefits of working together in person are substantial and irreplaceable, and the more time we spend together, the more benefits we gain.”
A spokesperson added (via Irish times): “We recognize that moving from a hybrid system to working five days a week in the office may be disruptive and require adjustments for some colleagues.”
