Internal Audio, JP Morgan CEO Jamie Dimon on Remote Work

🎧 Play the leaked audio:

In a candid internal recording, JP Morgan CEO Jamie Dimon doesn't mince words (click above for audio, scroll down for transcript):

Remote work is eroding culture, weakening collaboration, and quietly undermining long-term growth.

This isn’t a headline grab—it’s a pulse check from one of the most influential leaders in global finance.

The data backs him up:

📉 Office availability—especially in premium, post-2020 builds—is down nearly 20% from peak.

📉 Gallup reports global disengagement cost $438 billion in lost productivity last year.

📈 Demand for top-tier office space continues to quietly rise.

Full Transcript:

A lot of you were on the fucking Zoom and you were doing the following, okay? You know, looking at your mail, sending texts to each other about what an asshole the other person is. Okay? Not paying attention, not reading your stuff, you know, and if you don't think that slows down efficiency, creativity, creates rudeness, and it does, okay? And when I found out that people were doing that, you don't do that my goddamn meetings.

When you meet with me, you get my attention, you get my focus. I don't bring my goddamn phone, I'm not sending texts to people. Okay? It simply doesn't work, and it doesn't work for creativity, it slows down decision-making.

And don't give me the shit that work from home Friday works. I I call a lot of people on Friday. There's not a goddamn person you get a hold of.

But here are the problems, okay? And they are substantial, okay? Which is the young generation is being damaged by this. That mean they may or may not be in your particular staff, but they are being left behind. They're being left behind socially, ideas, meeting people. In fact, my guess is most you live in communities a hell of a lot less diverse than this room.

Every area should be looking to be 10% more efficient. If I was running a department of 100 people, I guarantee you if I wanted to, I could run it with 90 and be more efficient. I guarantee you, I could do it just I could do it in my sleep.

And the notion of these bureaucracies, I need more people, I can't get it done. No, because you're you're filling out requests that don't need to be done. Your people are going to meetings they don't need to go to. Someone told me to proof something in wealth management, that they had to go to 14 committees. I am dying to get the name of the 14 committees, and I feel like firing 14 chairman of committees.

I can't stand it anymore.

Now, you have a choice. You don't have to work at JP Morgan. So, the people of you who don't want to work at the company, that's fine with me. I'm not I'm not mad at you. Don't be mad at me. It's a free country, you can walk with your feet.

You know, but this company's going to set our own standards and do it our own way. And and I've had it with this kind of stuff.

And you know, I I come in, you know, I've been working seven days a goddamn week since COVID, and I come in and I where's everybody else? They're here or there and the Zooms and the Zooms that don't show up. And people said they didn't get stuff, so that's not how you run a great company. We didn't build this great company by doing that. By doing the same semi-diseased shit that everybody else does.