Jamie Dimon warns New York staff of costs of not being vaccinated

Jamie Dimon issued a warning to the vaccine holdouts among JPMorgan Chase’s staff in New York.

The warning comes after the lender implemented a vaccine mandate at nine Manhattan office buildings in December. Dimon said that 97% of the firm’s employees in New York were already vaccinated. Rival Citigroup is threatening unvaccinated employees with termination as soon as by the end of January. “Unlike any other policy we’ve ever had, we’re not trying to be consistent,” Dimon said. “There are different laws and different requirements in cities and states and schools, and so here we’re adjusting locally.”

The longtime CEO also commented on the health of the consumer ahead of his firm’s fourth-quarter earnings report later this week, saying consumers have never been in better shape.

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