this post was submitted on 10 Sep 2023
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JPMorgan's Jamie Dimon delivers a stern warning to remote workers::undefined

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[–] doublejay1999@lemmy.world 151 points 1 year ago (1 children)

“I will not allow you to wreck my portfolio by causing a massive drop in demand for office space in the cities which will devalue my real estate assets and cause landlords to default en masse on the loans I made them.”

Why doesn’t he just say what he means ?

[–] WhatAmLemmy@lemmy.world 15 points 1 year ago

Capitalists gonna capitalize!

[–] RQG@lemmy.world 97 points 1 year ago (1 children)

“I completely understand why someone doesn’t want to commute an hour and a half every day. Totally get it... Doesn’t mean they have to have a job here either.”

Then why hire people living 90 minutes away?

Sure limit yourself to workers living close by. But don't give me any of that labor shortage bullshit then.

[–] pdxfed@lemmy.world 56 points 1 year ago* (last edited 1 year ago) (1 children)

There is a shortage of people willing to work for the wage you're offering at the terms you're offering. There are millions of people choosing not to work for many, many employers right now. It will only get larger.

Depending on how old you are, understand, for the rest of your life, there will always be more jobs than employees, act like it and be brutal with your employers about it. The boomers were accelerating into retirement and then COVID exploded lots of employment norms, for good reasons.

Employers have been used to, for decades, lobbying to hire, fire and treat you disposable on a whim. Demand a lot, there are far fewer of you than there are of their boring companies to burn your life hours.

[–] Burn_The_Right@lemmy.world 64 points 1 year ago* (last edited 1 year ago) (1 children)

Jamie Dimon is a dipshit who brings practically nothing to the table. He shows up to the building, terrifies the people around him, pisses people off, shits in a waste basket and hires college interns to provide fresh blood infusions to treat his wrinkles.

Executives rarely bring genuine, functional value to a company, and that definitely includes Dimon. What a notorious fuckwit. JPMC is one example where the head could be cut off and the company would actually benefit from it.

[–] sirboozebum@lemmy.world 3 points 1 year ago (1 children)

Sounds like you worked there or know someone who does.

[–] Burn_The_Right@lemmy.world 3 points 1 year ago

You are correct.

[–] exixx@lemmy.world 36 points 1 year ago

You can put a turd in an expensive suit, but in the end it’s still just Jamie Dimon.

[–] ChaoticEntropy@feddit.uk 19 points 1 year ago

"I'll see you all dead before you move my commercial property portfolio one inch lower."

[–] lightnegative@lemmy.world 17 points 1 year ago (2 children)

"Old guy still doesn't understand how anyone could be working if he can't physically see them working"

Fully remote is the way of the future, in tech anyway. Use the money you saved on not renting office space to fly teams to the same area for a week or so a few times a year, there's definite value in meeting, working together in person and going out for a beer afterwards. For short stints.

Otherwise, the lack of commute and the ability to focus uninterrupted for longer periods is massive advantage for remote work

[–] asteroidnova@lemmy.ml 7 points 1 year ago

Fully remote is the way of the future, in tech anyway. Use the money you saved on not renting office space to fly teams to the same area for a week or so a few times a year, there’s definite value in meeting, working together in person and going out for a beer afterwards

But make it optional and don't penalize folks for not showing up. The last thing I want to do is meet up with my coworkers and go for drinks especially given the fact that I do not drink alcohol nor enjoy social outings in general.

[–] gian@lemmy.grys.it 4 points 1 year ago

Fully remote is the way of the future, in tech anyway. Use the money you saved on not renting office space to fly teams to the same area for a week or so a few times a year, there’s definite value in meeting, working together in person and going out for a beer afterwards. For short stints.

Fully remote is one of the ways of the future. A more reasonable approch is a mixed way.

[–] Pig@lemmy.world 16 points 1 year ago (1 children)

I see wallstreetonparade, I upvote

[–] hark@lemmy.world 5 points 1 year ago

We've got a stern warning of our own, Jamie.

[–] isVeryLoud@lemmy.ca 5 points 1 year ago