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re: JPMorgan Chase CEO Dimon derides pushback to return to office, demands efficiency

Posted on 2/16/25 at 9:52 am to
Posted by nola tiger lsu
Member since Nov 2007
6193 posts
Posted on 2/16/25 at 9:52 am to
quote:

Just wanted to chime in and say how much I love my WFH, six figure job. My job involves me working with people from every state on pretty much a daily basis. I could do it anywhere and love it. The fact that it pisses people off makes me love it even more.

Excuse me while I enjoy my weekend. I have those off too. Every single one.


Same here, about to get that bonus and raise this month too! Imagine that, I can bring a valued skillset to a company while at home. Must blow the OT's mind.
Posted by EZE Tiger Fan
Member since Jul 2004
54299 posts
Posted on 2/16/25 at 9:55 am to
quote:

Same here, about to get that bonus and raise this month too! Imagine that, I can bring a valued skillset to a company while at home. Must blow the OT's mind.


Thanks for the reminder. I have bonus coming in a few weeks as well along with a tax return.

No raise, which is fine. The autonomy is priceless to me. I hope I can do this until I retire.
Posted by Jimbojambojumbo
Member since Mar 2022
368 posts
Posted on 2/16/25 at 9:59 am to
quote:

I've TWed for the last 5 years, recently voluntarily went back in the office 5 days week. I focus better in the office, and really enjoy the separation of leaving my laptop at work. I got my work down at home, but worked more hours (because I didn't have to commute). Most young folks don't need the isolation of FT TW, it's bad for mental health. There were weeks when I barely let the neighborhood.


This was my experience during the huge shift to WFH during Covid. I was given the option and opted to be in the office because I’ve been going to the office for over 25 years - and it’s how I know to operate within my job.

However, I don’t blanket reject the notion of WFH. It just wasn’t my preference. I like to get out of my house and have the ability to separate my home life from my work life with little thought.
Posted by Stinger_1066
On a golf course
Member since Jul 2021
2899 posts
Posted on 2/16/25 at 10:00 am to
quote:

We report back in to the office so we can be isolated at our desks and 90% of meetings outside our group are Microsoft Teams calls. So basically the same expectations of time managed deliverables and goals, just not from home.

Yay productivity!


Who is more productive? The person who spends time commuting, or the person who uses that time to get more things done?
Posted by TDTOM
Member since Jan 2021
20893 posts
Posted on 2/16/25 at 10:03 am to
That is stupid.
Posted by HarryBalzack
Member since Oct 2012
15987 posts
Posted on 2/16/25 at 10:22 am to
Same here. In fact, I have had real issues with work-life balance, with work the dominating side of the equation. But, my job is more task oriented and independent focused and I don't exactly manage others (I have a handful I oversee, but they do much the same kind of task work as me, so we only interact when there's an issue or I have to make a judgement call or bring other departments into the loop).

My wife manages 38 people and gets one WFH day a week, but ends up going in most of the time because even when she is wfh she spends most of her time on Teams calls telling a handful of the 38 to get back to work.

The number of grown adults who need their hands held in order to progress through the workday is mind boggling.
Posted by HarryBalzack
Member since Oct 2012
15987 posts
Posted on 2/16/25 at 10:40 am to
Yep. Just like I suspect that one of the motivating factors (one, not the only or the biggest) behind the push for federal RIF is that private business is frustrated at having to compete against the federal gov's comp and benefits packages for employees.

Maybe I'm a cynic, but I don't believe any politician at the national level generally acts with altruistic or best-interest-of-the-people motivations. And I'm confident we'll learn later that NASA and JPL layoffs targeted employees Space X wants, that green subsidies in Tesla's supply chain remained untouched, and that Space X & Tesla competitors were targeted for contract and subsidy cancellation. It defies logic and human nature to think otherwise.
Posted by Shorts Guy
BR
Member since Dec 2023
168 posts
Posted on 2/16/25 at 12:53 pm to
As a WFH employee of a fully remote company, this guy is like a ton of other big wigs in that WFH really got in the way of all the random arse kissing and boot licking they thrive on while walking around an office full of peons. Also, as someone else mentioned, they were left feeling super stupid for wasting so much money on trophy offices and corporate real estate that it turned out nobody actually gives af about.
This post was edited on 2/16/25 at 12:54 pm
Posted by Bigdawgb
Member since Oct 2023
2446 posts
Posted on 2/16/25 at 1:02 pm to
quote:

That is stupid.


Brief. Concise. Efficient.

But you don't want to explain WHY it's stupid??
Posted by Kreg Jennings
Parts Unknown
Member since Aug 2007
3648 posts
Posted on 2/16/25 at 1:40 pm to
quote:

As the above table shows, JPMorgan Chase, America’s largest bank, has 12.6% of its loan portfolio in commercial real estate.


That’s actually fairly low for most banks. It’s usually a lot higher due to the collateral type being easy to value and repossess compared to other types of loans.
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
41967 posts
Posted on 2/16/25 at 3:33 pm to
What worse than liberals?

The moronic middle management goombas who think they are needed
Posted by Cowboyfan89
Member since Sep 2015
12930 posts
Posted on 2/16/25 at 4:39 pm to
quote:

I can’t imagine how less productive people are working from home. I know what I’d be doing without supervision. TV and playing golf. Glad the Gov and these big companies are going back to some normalcy.

I logged in just so I could downvote you. Just because you can't be an adult and do your job from home doesn't mean others can't. I don't want to work for a company that thinks everyone has to be in the office to be productive. If you need me in an office to see that I'm getting my job done, then you're doing your job wrong.
Posted by N2cars
Member since Feb 2008
34097 posts
Posted on 2/16/25 at 4:48 pm to
I know you're mad, and you're right.

But, unfortunately, a lot of workers are just like that to some degree.
Posted by Cowboyfan89
Member since Sep 2015
12930 posts
Posted on 2/16/25 at 6:33 pm to
quote:

But, unfortunately, a lot of workers are just like that to some degree.

That's when Management needs to do their job and hold those people accountable, or cut them loose.

If you want to make the underperformers return, go ahead. But making everyone return because some aren't performing is a good way to loose people.

I live an hour away from the office I'm technically assigned to. My manager knew that when she hired me. If leadership decides to make everyone "return to work", they'll be looking for someone to replace me, because I'll find a company closer to home.

However, given the way this company operates, I'd be surprised if they ever forced everyone back. They don't function like other companies I'm familiar with or have worked for in this industry that are basically individual offices doing their own thing. We routinely collaborate with offices across the country, so being in a physical office really doesn't do anything for that. We literally have people living 3 or 4 states away from junior employees that they supervise.
Posted by Stinger_1066
On a golf course
Member since Jul 2021
2899 posts
Posted on 2/16/25 at 8:10 pm to
quote:

That is stupid.


If you can't see the logic in it, then you are stupid.
Posted by BK Lounge
Member since Nov 2021
4724 posts
Posted on 2/16/25 at 9:07 pm to
quote:

No raise, which is fine. The autonomy is priceless to me. I hope I can do this until I retire.



Yeah I’m self employed now (consulting) but when i was a paid employee remote for like 10 or 12 yrs, I always said they could offer to double my salary but if it meant going into an office, commuting, dealing with trashy coworkers et al- no thanks.. I’d rather be remote and make a decent salary, as opposed to in office making an excellent salary.. all depends on what’s important to you, i guess .
Posted by mike4lsu
Baton Rouge,LA
Member since Sep 2005
1723 posts
Posted on 2/16/25 at 9:12 pm to
Why is work from home a political issue R vs D. MAGA vs whatever expletive you call Americans who politically disagree.
Posted by HarryBalzack
Member since Oct 2012
15987 posts
Posted on 2/16/25 at 9:28 pm to
Because their yogi said it was supposed to be.
Posted by dcrews
Houston, TX
Member since Feb 2011
31229 posts
Posted on 2/16/25 at 9:31 pm to
quote:


Damned funny to watch everyone squirm over it though


It's not everyone, it's boomers.
Posted by BK Lounge
Member since Nov 2021
4724 posts
Posted on 2/17/25 at 12:31 am to
quote:

Why is work from home a political issue R vs D. MAGA vs whatever expletive you call Americans who politically disagree.




Because Maga types are generally lazy and undisciplined, and they lack the self control to effectively work from home without being micromanaged and looked after like children .
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