this post was submitted on 14 Feb 2025
366 points (100.0% liked)

Work Reform

11321 readers
109 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 2 years ago
MODERATORS
 

JPMorganChase CEO Jamie Dimon said during a Wednesday town hall he didn’t care how many employees signed a petition to bring back hybrid work. The company in mid-January announced a 100% return-to-office mandate, which angered many employees, who argue the move “disproportionately” pushed out women, caregivers, senior employees, and employees with disabilities.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 67 points 1 month ago (3 children)

Companies are dictatorships

[–] [email protected] 69 points 1 month ago* (last edited 1 month ago) (2 children)

Tell me JP Morgan is underwater on commercial real estate without telling me JP Morgan is underwater on commercial real estate

[–] [email protected] 36 points 1 month ago

Well eliminating a self selecting group of disproportionately high performers certainly won't hurt them long term.

[–] [email protected] 9 points 1 month ago

This is the true answer. Yes, there is some boomer powerplay aspect, but he is not stupid, he’s all about making more money.

His rich and powerful investor “friends” are bleeding money on commercial real estate (and maybe on related investments like downtown coffee shops), they put a lot of pressure on him. I go even further, it is not a coincidence that more companies started pushing for full time RTO at the same time, this is orchestrated or at least encouraged from behind the scenes by the elite, probably also involving some politicians (who are also neck deep in commercial RE).

Still, it is absolutely stupid and short sighted. I live close to my office, so I like to go in a few times a week, but I would never want to be there full time again.

[–] [email protected] 16 points 1 month ago (1 children)

Another name for the list, it seems.

[–] [email protected] 6 points 1 month ago (1 children)

Which list? I’m on a bunch by now

[–] [email protected] 9 points 1 month ago

That would be the CEO list.

[–] [email protected] 4 points 1 month ago* (last edited 1 month ago) (1 children)

That phrase is about to be much more literal if these people get their way

Edit: BTW I love your username, were you inspired by Semi Hemi Lemmygod? They're both hilarious. I think the art of choosing a good name for something is underappreciated.

[–] [email protected] 3 points 1 month ago* (last edited 1 month ago)

Same person, just changed the display name :). Glad you like it!