Forbes - CEOs Will Be Clamping Down On Employees

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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.

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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.

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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?”

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I recall seeing a lot of people here saying "if WFH isn't working, your company is poorly managed". Hmmm.

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I’d rather be out in the workforce.

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i thought you were a traditional, feminine woman?

The war between employees and employees is just starting. Employees took the first round with the great resignation, but the pendulum is swinging back with an economic downturn

I worry for our work from homers. I already see bot posts on here and once they teach the robots to wear sweatpants and post at the same time the work from homers will be obsolete

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I worry for our work from homers. I already see bot posts on here and once they teach the robots to wear sweatpants and post at the same time the work from homers will be obsolete

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imagine your father was one of these pajama wearing WFHers? you'd be half the pipefitter and step father you are today.

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Starbucks’ interim CEO Howard Schultz was displeased that employees disregarded his return-to-office request

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Request?? They can get their asses back to the office or get fricked.

Ah the old butts in seats mentality still clings to life in the hearts and minds of boomers.

I’ve worked both full time in offices and from home, and both have equal opportunities for distractions and not getting work done. I think going forward more companies should allow some sort of hybrid arrangement, because not everyone needs to be babysat in an office to do their jobs.

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Starbucks’ interim CEO Howard Schultz was displeased that employees disregarded his return-to-office request

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How do you brew coffee from home?

Oh no, micromanagers are struggling to micromanage when they can't be hovering over everyone's shoulder all day. How will they ever survive?

Also, I still think these companies overpaid for commercial real estate space and having to justify it is what's really driving the push to bring people back into the office.

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Also, I still think these companies overpaid for commercial real estate space and having to justify it is what's really driving the push to bring people back into the office.

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you really think this is why the CEOs of firms such as Goldman Sachs and JPMorgan Chase are bringing people back into the office? seriously?