Work from Home or Work from Office: The industry is divided into two parts regarding where it is right to work from home or office. JPMorgan’s CEO believes that there is no ‘work from home’ for new employees and management. On the other hand, for women, he called it effective. On the other hand, some veterans like the head of Citigroup are in support of work from home to some extent.
Work from Home or Work from Office: During the Corona epidemic, the culture of work from home started. Although work from home is still going on in many places. Regarding this, Jamie Dimon, CEO of JPMorgan Chase & Company, believes that the method of working from home is not right for young employees and bosses. He said these things in an interview given to CNBC on Thursday at the World Economic Forum in Davos. He says research, coding and field work can be done out of office but the same cannot be said for every job.
According to Jamie, new employees and management should work from the office itself. His remarks come at a time when there is a slowdown in the finance sector and fears of a recession are rising. Because of this, big banks are reducing bonuses, reducing jobs and stopping hiring. Amid economic uncertainty, there is growing concern among employees across industries that bosses may mandate working from the office as a reason to reduce the workforce.
Remote work is helpful for women
Jamie is seen against work from home but believes that it is of great use to women. They believe that women are responsible for many household chores as compared to men, so the work from home fund is very helpful for them. In such a situation, companies should change themselves so that women can be allowed to work from home. More than half of working moms want to work remotely most or all of the time, according to a survey of more than 10,000 white-collar workers by Future Forum, a research consortium on Salesforce Inc.’s Slack.
More veterans against working away from office
Not only Jamie’s view is against remote work, but Morgan Stanley chief James Gorman and Goldman Sachs Group CEO David Solomon are also supporters of working from the office. At the same time, only some bosses believe that work from home culture is better. For example, Jane Fraser of Citigroup believes that work from home increases productivity. However, he also said this week that he may be asked to spend more time in the office if productivity falls.