Home » Economy » Up to 30% of JPMorgan staff will work from home on rotating basis: Jamie Dimon
Up to 30% of JPMorgan staff will work from home on rotating basis: Jamie Dimon
Will the coronavirus-driven exodus from big cities impact swing state results?
FOX Business’ Grady Trimble on how coronavirus-driven relocations are impacting the election.
JPMorgan Chase CEO Jamie Dimon estimated that 20 to 30% of staff will work from home on a rotating schedule due to the coronavirus pandemic, while recently speaking at the Sibos financial conference.
Continue Reading Below
"There will be some permanent work from home. People who work from home will permanently rotate or have a schedule three days in, two days out," Dimon said on Monday. "I don't think it will be 100% of the population. It will be 20-30% or something like that. It's got to work for the companies and the clients."
JPMORGAN NEARS $1 BILLION SPOOFING FINE
JPMorgan Chase employees have been working on such a rotation starting this fall, although only a quarter are back in its New York City offices. The company thinks such a system will save on real estate and public transportation as well as be more sustainable for the environment.