Forbes - CEOs Will Be Clamping Down On Employees

quote:

---

Chief executives David Solomon (Goldman Sachs), James Gorman (Morgan Stanley) and Jamie Dimon (JPMorgan) never fully embraced remote work. With a contracting economy, the power dynamic has shifted from employees back to the employer, and the CEOs can call for a return to the office. Workers no longer have the same bargaining power they possessed during the Great Resignation and subsequent labor shortage. The days of employee-centric policies are over, and the bosses are back in charge again.

---

quote:

---

Bob Iger, the former and now once-again CEO of Disney, made one of his first orders of business to bring back workers to the office four days a week starting March 1. Starbucks’ interim CEO Howard Schultz was displeased that employees disregarded his return-to-office request and is now requiring office workers to return for three days a week.

---

quote:

---

JPMorgan’s CEO told an audience in Davos that remote work “doesn’t work” for bosses. Dimon, similar to Benioff’s assertions, said that younger employees are not benefiting from this work style. However, he did offer a caveat, stating that working from home may be helpful to some people. Dimon thinks that business leaders should "modify your company to help women stay home a little," as working mothers disproportionately bear the brunt of childcare. The chief executive is also concerned that people who work remotely may be unfairly targeted for layoffs. On the topic of returning to the office, Dimon acknowledged that “people don’t like commuting, but so what?”

---