JPMorgan’s CEO, Jamie Dimon, has expressed his firm stance on remote managers, stating that their role is fundamentally incongruous with remote work. In an interview conducted by The Economist and reported by Fortune, Dimon highlighted that while certain positions can effectively operate remotely, management does not fall into that category.
“I don’t know how you can be a leader and not be completely accessible to your people. I do not believe you can be a leader and not be accessible to your people. To the extent it works, I’m okay with it. If it doesn’t work, I don’t mind getting rid of it, either. We’re not going to make that decision because we’re pandering to employees. That is not the way to build a great company.”
Dimon acknowledged the various reasons behind employees’ preference for remote work, such as avoiding lengthy commutes. However, his standpoint is that if an individual’s commute becomes excessively long, they might need to seek employment elsewhere.
“I completely understand why someone doesn’t want to commute an hour and a half every day. Totally get it. That doesn’t mean they have to have a job here either.”
Dimon’s perspective aligns with a growing trend among executives aiming to restore pre-pandemic norms, often involving a reduction in remote work. In contrast, numerous employees have found satisfaction in working from home and are pushing back against such endeavors.