JPMorgan Chase (JPM) CEO Jamie Dimon expressed regret on Monday about the exploring he used during a recent town hall of the employee, but he was not reduced from his core message that employees should return to the workplace five days a week.
“I should never cope with,” and “I shouldn't get angry,” Dimon told CNBC when he was asked about a heated 12 February exchange with employees aimed at the recent return of JPMorgan Return-to-office.
“We are not going to change,” he said. “We're going back to the office.”
The JPMorgan policy that all employees should be back at the office five days a week at the beginning of March has put forward a petition from a group of employees who called for the largest bank in the country to maintain a hybrid work policy.
“Do not give me the S *** that 'Work from Home Friday' works,” said Dimon during the town hall meeting in Columbus, Ohio, according to a recording that was then leaked and assessed by Yahoo Finance.
From the petition that the bank evokes to maintain a flexible policy, he said, “I don't care how many people sign that petition.”
Dimon on Monday also had a little more to say about another subject that he dealt with during the town hall of 12 February: the diversity, equity and inclusion of the bank (dei).
He told employees in the event that legal changes together with Dimon's own desire to reduce bureaucracy would lead to changes for some dei programs.
“It is clear that we have to accommodate the law. So the law has changed. We can't have any quotas,” Dimon said in the recording obtained by Yahoo Finance, adding that he “never was a permanent proponent of bias training” and Questions about questions money was spent on certain dei programs.
“I saw how we spent money on part of these stupid S *** and it really made me angry … I will just cancel them. I don't like wasted money in bureaucracy,” Dimon said.
When CNBC Dimon asked on Monday what he found wasting, he said: “These are things like training that do not work or too many of them, meetings that do not work.”
He added that “there are a lot of things, many small programs that just grew over time. So we are going to consolidate them a bit. They are all very rational. “
Still, “we are still contacting the black, Spanish, LGBT, veteran, disabled communities. That, we don't change that, “he said.
Last week, JPMorgan published his annual report, in which he deleted almost all entries of “diversity, equity and inclusion” compared to the annual report from 2023.
