JPMorganChase CEO Jamie Dimon said during a Wednesday town hall he didn’t care how many employees signed a petition to bring back hybrid work. The company in mid-January announced a 100% return-to-office mandate, which angered many employees, who argue the move “disproportionately” pushed out women, caregivers, senior employees, and employees with disabilities.
I’ve had it with this stuff,” Dimon said during the town hall, according to Barron’s. “I’ve been working seven days a goddamn week since COVID, and I come in, and—where is everybody else?
Let me make sure I understand this. You’re the chief executive of the world’s largest bank. You have vast resources and an army of other executives at your disposal. What exactly is so urgent that you have to work 7 days a week and why is that anyone else’s problem?
Wall Street treats Jamie Dimon like he’s some sort of guru but it sounds to me like he’s an fucking idiot whiney baby who doesn’t manage his time wisely or recognize that he got to where he is on the backs of his employees.
Jamie Dimon is a moronic, completely useless excuse for a human. Maybe he works seven days a week because his overwhelming incompetence means it takes him that long to complete what a competent individual would do in one or two days?
I think this is only partly about the need to keep the value of commercial real estate inflated.
I think there’s a more fundamental psychological motivation.
The illusion that the C-suite actually contributes value sufficient to arguably justify their obscene salaries depends in large part on them sitting in offices at the top of a building full of workers.
If the building is not full of workers, that threatens the illusion.
Also, people with power often like to harm people that are less fortunate because they believe they deserve it: “If they were good people, they wouldn’t need to work for a living, because they’d be rich. Since they’re not rich, they must be bad people.”
If you have a Chase account, the best time to close it was 20 years ago.
The second best time is right this very second.
Even ignoring this story, with the collapse of the CFPB, you are about to get screwed harder than you can even imagine.
Companies are dictatorships
Tell me JP Morgan is underwater on commercial real estate without telling me JP Morgan is underwater on commercial real estate
I keep wondering how much more CEOs, billionaires and massive corporations (along with the current administration) can push the American people before there is a backlash?
Right now Americans are like domestic violence victims and addicts
“Jamie is a good person, it was my fault for not coming back to the office that made things worse.”
“Just one more subscription, I need to watch my shows!, I promise I’ll quite after this season!”
When and what is the tipping point where people just say “Fuck it, I’m done.” ?
