1 month ago
Last Updated:February 27, 2025, 11:20 IST
The controversy began when an employee raised a concern about a petition signed by over 1,000 JP Morgan employees calling for the continuation of the company’s hybrid work model
JPMorgan Chase CEO Jamie Dimon. (File photo via Getty Images via AFP)
JP Morgan CEO Jamie Dimon has apologised after using inappropriate language in response to a question about the company’s work-from-home policies. He admitted that he should “never curse" and expressed regret over his angry outburst during a town hall meeting with employees.
In an interview with CNBC on Monday, Dimon explained that he sometimes gets “overly emotional" during such town halls but admitted that his language was unprofessional.
“I should never curse, ever. … And I shouldn’t get angry and stuff like that," he acknowledged, expressing regret for his comments.
The controversy began two weeks ago when an employee at a town hall in Columbus, Ohio, raised a concern about a petition signed by over 1,000 JP Morgan employees calling for the continuation of the company’s hybrid work model.
The petition, which demanded that the bank maintain flexible working options, clearly struck a nerve with Dimon, leading to his fiery response.
During the meeting, Dimon was recorded saying, “Don’t waste time on it. I don’t care how many people sign that f**king petition."
He also dismissed the concept of “work from home Friday," using strong language that has since gone viral. The leaked audio from the town hall quickly circulated on social media, sparking widespread criticism of Dimon’s tone and choice of words, CNN reported.
Despite his apology for the language used, Dimon stood by his stance on work-from-home policies. He made it clear that JP Morgan will continue to require employees to return to the office full time.
“They should respect that the company is going to decide what’s good for the clients, the company, etc., not an individual," the CEO of America’s largest bank stated. “And so they can get a job — and I’m not being mean — they can get a job elsewhere."
Dimon clarified that while he does not oppose work-from-home policies in principle, he is firm in his belief that they do not work for the company in its current structure. He said, “There’s a petition… And they have the right to feel that way. But we’re not going to change. We’re going back to the office."
The controversy over Dimon’s comments comes amid a growing debate across corporate America about the future of work. While many companies, including Amazon, Disney, and others, are pushing for full-time office returns, the shift has faced backlash from employees who have grown accustomed to the flexibility of remote work during the pandemic.
(With inputs from CNN)
Location :United States of America (USA)
First Published:February 27, 2025, 11:15 IST
News world 'I Should Never Curse': JP Morgan CEO Apologises For Offensive Remarks On Work-From-Home Policies
