JPMorgan will have staff cycle between office and remote work in a move that may remake Wall Street

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Banks are preparing for more people to return after Labor Day, according to executives at lenders and technology vendors. But workers will hold onto the ability to work remotely.

Workers in the firm's corporate and investment bank will cycle between days spent at the office and at home, keeping the ability to work remotely on a part-time basis, according to Daniel Pinto, head of the massive division.

The announcement by JPMorgan, the world's biggest Wall Street bank by revenue, could pressure other financial firms to offer similar arrangements. Banks are in constant warfare with each other over talent, and the industry often moves in lockstep when it comes to perks and pay. As Wall Street prepares for more of its traders and bankers to return to offices next month, a shift underway atWorkers in the firm's corporate and investment bank, an industry heavyweight with 60,950 employees, will cycle between days spent at the office and at home, keeping the ability to work remotely on a part-time basis, according to Daniel Pinto, head of the massive division and co-president of the biggest U.S. bank by assets.

 

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just in time for the seasonal flu season to begin, fantastic

That sucks, rotating is annoying. Work From home is more productive when most of your team is also home since your not left out. and for consecutive days at home to get in the groove.

I’ve heard they have gone remote full time. ONCE again FAKE news

It's really too dangerous for old people to navigate potholes on 2 wheels.

Maybe one day their cycles will sync up.

How about you report on the Nasdaq that it goes up every single day breaking record after record 10 years of gains in 6 months. Corruption and manipulation at its finest

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