The Wall Street Journal’s editor in chief, Matt Murray, asked Dimon about his personal feelings on Zoom meetings and remote work. Loading
Something is loading. “I’m about to cancel all my Zoom meetings. … I’m done with it. I’m going to Boston today,” Dimon responded.
When the coronavirus pandemic forced JPMorgan employees — and many others — to work from home, it “accelerated a trend,” Dimon said. The JPMorgan CEO said on Tuesday he was ready to leave video calls behind and get back into the office as soon as possible in remarks at The Wall Street Journal’s CEO Council Summit.
“But it does not work for young people,” he added. “It doesn’t work for those who want to hustle.” Zoom
meetings and sees plenty of downsides to not working face-to-face with people.
“I got to see my bankers in action,” he added. He also mentioned in-person meetings with clients, often over a glass of wine, where they might share why JPMorgan did or did not get a piece of business. “My view is that sometime in September or October, it’ll look just like it did before,” Dimon said at the summit. He said that in a trip to California about six months ago, he met with 100 to 150 people, from venture capitalists to women’s groups and investors.
Dimon told Murray that he had been attending outdoor meetings and traveling and that in-person conversation was better for “spontaneous idea generation.” The CEO has spoken critically about remote work during the coronavirus pandemic, citing the need for a hybrid work model that’s flexible but still works for “the company and the clients.” He’s previously said simply letting everyone do “what they want” isn’t an option because it’s inefficient and he’s struggled at times to get ahold of employees.
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