- An audio census of Jamie Dimon’s WFH Tirada in a JPM Town municipality has gone viral.
- Business Insider received a copy of last week’s registration by Columbus, Ohio.
- Here is more of what he said at the broad meeting, from that to CFPB.
JPMORGAN JAMIE DIMON CEO has become a ticking sensation on his comments by colliding work-from the house in a last municipality with employees.
However, audio recording of the meeting suggest that distance work was just a slide of conversation. Dimon also raised questions from employees and addressed a wide range of issues, from whether he will replace their jobs in what means his request for “efficiency” improved for their balance and life balance, according to copies of the ribbon obtained from the Business Insider. At one point, he encourages employees to welcome the work of theft, saying, “Withdrawal is your friend.”
A Dimon commentary video, posted by Barron’s financial publication, has gained 2.4 million views, thanks to its colorful and straightforward explanation for the reason why the bank is calling all employees again in the office five days a week starting from Mars.
“And don’t give me this shit that works from work-from the house-to-Friday,” he told Dimon to the crowd, according to the census, which reached a copy of. “I call them a lot of people on Fridays, and there is no one godly person you can catch.”
Dimon made the comments in a municipality in Columbus, Ohio, on Wednesday after the opening of a nearby branch with a community center. JPMORGAN has a large presence in Ohio, including a headquarters that housed about 12,000 employees when reopening after renovations in 2023, according to a press release. At that time, the firm called the building “the largest space of the office firm”.
Here are some of what he said, including his thoughts on President Trump’s dismantling against the Consumer Financial Protection Bureau and his youth advice. Comments have been edited in places for length and clarity.
How does Improved Efficiency affect JPM workers
At one point in the meeting, Dimon addresses his push for a more efficient job and what he can say about the balance of work and the life of the workers.
“We can be much more efficient and always have to think that way. This is not to torture our people. I want you to have a great life, I don’t want you to do excessive work,” said he. “But I think the decrease of bureaucracy literally will reduce cancer may be wrong. ”
In him taking work
Dimon answered a question about him saying he expects technology to “eliminate” some jobs. He advised employees, however, to welcome the threat and understand how to adapt. “Attraction is your friend,” he said.
“You know, it will change some of your jobs – for many of you will be a bastard, for many of you will remove drudgery, and it can eliminate work very well. I don’t want to stick your head to the sand . And, you know, I would say, attracting is your friend, you know, if you have jobs that you will replace, you know, we can recover and restore people and re -emphasize people. . ”
Over young people falling after
At one point in the call, a software engineering practitioner asked about Jamie’s past commentary on young people behind, including the challenges they face and how he intends to help. He responded by repeating the benefits of his return mandate to the office.
“Yes, no, I think those who fall after those who are not here in full time. [laughter] No, no, I’m being serious enough, “he said.” Those who are not here who meet fewer people, learning less, challenging, not putting in the same amount of teams because they are not here – you know, and this is what I’m talking about. “
In the dismantling of Trump CFPB
Dimon also addressed President Trump’s efforts to reduce CFPB, which was created after the financial crisis to protect consumers in the financial market. The agency has raised about $ 19.7 billion in consumer relief through its implementation actions, including some against JPMORGAN.
Dimon said he thinks CFPB has some benefits, but he applauded Trump’s removal for director Rohit Chopra earlier this month and said he thinks the agency should be an arm of the coin controller’s office.
“The only good thing I will say about CFPB is that there are consumer protective rules that are good. They must be set to protect consumers. After saying, they were copied. OCC already made it. Fed makes it. I think she or not makes no difference to me.
Non -bank financial regulations
Dimon suggested that CFPB could be better use by going after non -bank financial institutions.
“You may want a CFPB for non -bank. Think of salary lenders and all these other things that are not arranged. But remember we are regulated too much. But at least if inside a bank regulators get to see Safety and durability, what makes sense, what is right, how products should be priced or not priced, you know, set the best practices.
In the Fintech Bank Failures
In response to a question about growth in 2025, Dimon reminded the employees that the bank must accept competition and avoid complacency. As an example, he spoke about his and bank failures when competing with Fintech banks and even Bulge-Kllapa as the Bank of America.
“Don’t say, well, we are the best in the world. Suppose they are doing something better. Even the US Bank does something better than us. Shocking, I know, but. [laughter] World digital world. They were in front of us in digital. Like the hell – I don’t know. But it’s your job to catch now. And so, but, there are other things we could have done as a ribbon or such things, but we have not imagined, including me, to say, HMM, we have better payments, but we must add data and make it easier for the client. Does what does the client really want? It was not the payment they wanted. They wanted to close the sale faster and for sure. “
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