JPMorgan orders staff to return to office 5 days a week: ‘Best way to run the company'

Company Policy on Office Return - More than half of JPMorgan's employees already work in the office full time, with the company having over 316,000 staff worldwide [1][2] - The bank's operating committee believes now is the right time to solidify the full-time in-office approach, considering it the best way to run the company [1] - Employees will be given at least 30 days' notice before being required to return to offices full time, and can seek manager approval for additional preparation time [2] Leadership Perspective - JPMorgan CEO Jamie Dimon and other leaders emphasize that being together in the office enhances mentoring, learning, brainstorming, and productivity [3][6] - The leadership acknowledges that not all employees will agree with the decision, as some prefer hybrid schedules [3] - The bank remains committed to supporting workplace flexibility at every level in a fair manner [4] Implementation Details - JPMorgan Chase has asked employees on hybrid schedules to return to the office five days a week starting in March [5] - The bank provided a link to a list of frequently asked questions detailing special exceptions for remote work, flexibility for personal reasons, and attendance logs [4] - Corporate staff were called back to offices on a rotational basis in mid-2021, and managing directors returned full time in 2023 [3] Industry Context - Financial companies, including JPMorgan, Goldman Sachs, and Morgan Stanley, have been aggressive in enforcing return-to-office policies, with many staff being called back as early as 2021 [5] - Industry leaders advocate for office work, citing benefits such as better learning, innovation, and culture [5][6]