Finance

Here are 6 finance giants, including Deutsche Bank and Citigroup, which are embracing a hybrid work model as staff return to work

JP Morgan

Jamie Dimon, CEO of JPMorgan Chase, speaks about investing in Detroit during a panel discussion at the Kennedy School of Government at Harvard University in Cambridge, Massachusetts, U.S., April 11, 2018.

JPMorgan CEO Jamie Dimon.
Brian Snyder/Reuters

Jamie Dimon, CEO of JPMorgan Chase, told shareholders in a letter in April about his plan to make the company culture more flexible as staff return to the workplace.

“Many employees” will work in a location full time, “some employees” will work under a hybrid model, and “a small percentage of employees, maybe 10%, will possibly be working full time from home for very specific roles,” he wrote in the letter.

Despite increasing employee’s flexibility, Dimon warned that remote working had drawbacks. He said Zoom had a negative impact on decision making and new employees were disproportionately affected as they can’t meet anyone.

On Tuesday, Dimon said at The Wall Street Journal’s CEO Council Summit that remote work “does not work for young people … It doesn’t work for those who want to hustle.”

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