Wall Streeters Are Returning To Work In New York City [Forbes]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: Forbes
New York City is seeing a gradual increase in office occupancy, as it has restored nearly 80% of its pre-pandemic rate , according to research by Placer.ai, a platform that specializes in location intelligence and foot traffic insights. The resurgence has primarily been driven by major Wall Street firms that have pushed for workers to return to the office, the report found. During the pandemic, JPMorgan CEO Jamie Dimon was not sold on operating virtually. “Most professionals learn their job through an apprenticeship model , which is almost impossible to replicate in the Zoom world,” Dimon said at the time. The chief executive expressed his concern, stating, “Over time, this drawback could dramatically undermine the character and culture [of the company.]” According to Dimon, relying too much upon “Zoom meetings actually slows down decision making because there is little immediate follow-up.” With remote work, there is an absence of “spontaneous learning and creativity because you
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News
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JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 4/30/24 - Form 424B2
- 4/30/24 - Form 424B2
- 4/30/24 - Form 424B2
- JPM's page on the SEC website