Executives said on a conference call that offices needed to reopen for the sake of team spirit and employee training.
Bank reopening plans vary widely, with some pledging to wait until 2021 before requiring that employees head back into the office.JPMorgan traders will be required to return to their offices by September 21 after six months of working from home,In Wednesday morning conference calls, JPMorgan's head of global markets Troy Rohrbaugh and head of sales and research Marc Badrichani told senior managers to bring their teams back,reported.
A source familiar with the policy change told Business Insider that employees at high risk of contracting the virus or those who live with someone who is will be allowed to stay at home, along with those who have childcare concerns. The source also said the bank is open to changing its plans as circumstances change.
A representative of JPMorgan declined Business Insider's request for comment on the return to the office. JPMorgan sent all of its employees home in March for an indefinite period of remote work when New York City shut down to slow the spread of the coronavirus and after the virus swept through the fifth floor of the bank's headquarters on Madison Avenue,
Life insurance. Buy life insurance people.
Parasites, bloodsuckers and vultures. Let them suck Covid.
Interstin how the bulge brackets need more traders on the floor when machines can do the work. My guess is they’re going to need manpower to handle the next wave of selling that could overwhelm the system
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