These major employers are making workers return to the office [CBS News]
JP Morgan Chase & Co. (JPM)
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Source: CBS News
The decision represents one of the most stringent return to office policies from a major corporation since the pandemic, when offices were suddenly shuttered and many employees shifted to remote work. Amazon's move is also unusual for a business in the tech industry, which has largely embraced remote and hybrid work arrangements. Under the company's current mandate, Amazon workers have been reporting to their physical offices three days a week, although that will expire by the beginning of next year. While advocates of in-office work argue that showing up in person helps foster collaboration and feelings of connectedness, skeptics say Amazon could be imposing the mandate to reduce headcount, as some employees may search for more flexible jobs and depart, without having to lay off workers. For his part, Jassy said the move is designed to improve company culture. But Amazon workers are reportedly grousing on internal forums about the move. Amazon isn't alone in reining in remote
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JPM
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- JPMorgan's junior bankers just gained an ally in their fight against overwork. Here's what we know about the longtime exec tapped to advocate for them. [Business Insider]Business Insider
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JPM
Earnings
- 7/12/24 - Beat
JPM
Sec Filings
- 9/19/24 - Form 424B2
- 9/19/24 - Form 424B2
- 9/19/24 - Form 424B2
- JPM's page on the SEC website