JPMorgan Chase plans to carry through with its five-day RTO mandate, even though the bank is still wrestling with where to put all of its employees.
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00:00J.P. Morgan Chase is still following through on its plans for a return-to-office mandate,
00:04and many workers aren't happy.
00:06More than 300,000 workers are expected to be in office five days a week starting as
00:11early as March, despite the company still figuring out where to put them all.
00:14J.P. Morgan is also opening up a new global headquarters in New York City designed to
00:19accommodate 14,000 employees.
00:21The bank's internal look-up tool shows the approximate time that worksites will be ready
00:25for the staff to use, but some buildings are listed as not yet determined and others have
00:29different return dates.
00:30One employee told Fortune that implies they do not yet have a strategy to accommodate
00:34everyone.
00:35Another employee said the mandate lacks empathy for workers who needed the flexibility.
00:39The full-time RTO mandate adds on to many employees' frustrations after receiving
00:43low pay bumps and bonuses, even with the company's record-breaking revenues in 2024.