stellarfun
Senior Member
- Joined
- Dec 28, 2006
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I'll post this here; mods feel free to move.
The office is dead. Long live the office,
I'm sure that this decline in productivity is not unique to JP Morgan Chase. "Creative combustion" is a great phrase, which can be applied to many areas besides business.
A troubling pattern emerged as most of JPMorgan Chase & Co.’s employees worked from home to stem the spread of Covid-19: productivity slipped.
Work output was particularly affected on Mondays and Fridays, according to findings discussed by Chief Executive Officer Jamie Dimon in a private meeting with Keefe, Bruyette & Woods analysts. That, along with worries that remote work is no substitute for organic interaction, is part of why the biggest U.S. bank is urging more workers to return to offices over the coming weeks.
“The WFH lifestyle seems to have impacted younger employees, and overall productivity and ‘creative combustion’ has taken a hit,” KBW’s Brian Kleinhanzl wrote in a Sept. 13 note to clients, citing an earlier meeting with Dimon.
JPMorgan’s WFH model changed worker productivity—especially on two days of the week
Chief Executive Officer Jamie Dimon said that's why the bank is urging workers to return to the office.
fortune.com
The office is dead. Long live the office,
I'm sure that this decline in productivity is not unique to JP Morgan Chase. "Creative combustion" is a great phrase, which can be applied to many areas besides business.