JPMORGAN CEO Jamie Dimon says he will remain the CEO for a few more years – and promises “No oath this time” at the latest City Hall

Following the stormy city hall, where the JP Morgan CEO addressed the employee’s frustration due to his last Directive to return to work, Jamie Dimon assigned workers on Thursday on Thursday. This time, Vibe was extremely laid back, according to two employees who watched the meeting, because Dimon solved questions, including his future plans, a bank dei program and the importance of AI.
Dimon, who is known for his salty language, began with about an hour of meeting with a scarf. “No oath this time,” he said, which produced a laugh of 1,000 people who managed to get places. The City Hall was held at the Dallas Bank Corporate Conference Center at its Plano Campus, Texas. Unlike previous councilors, the bank did not provide a meeting to meet so that employees could not see Zoom. However, there were fun in some external offices.
Dimon, as he has in other councilors, asked the audience questions. One person asked him, “Where do you see yourself in five years?” – An inquiry that reflects how the heir to Dimon, who is the executive director of the largest bank in the country for over 19 years, is one of the hottest topics on Wall Street. Dimon said on Thursday that he was planning to stay “for a few more years”, and then he would move to the post of president. After JPMORGAN, Dimon said he would like to serve on the Committee of a non -profit or charity organization, according to people watching a meeting.
They asked him and ao. Dimon predicted that technology would be a “next big deal”, such as the Internet and Computers. Dimon warned for a long time that AI would replace jobs in different sectors while facilitating some roles. Asked about the economy, Dimon said inflationary pressures are worrying, but other questions, such as deficit, are significant.
AND Jpmorgan chase The employee presented Dimon on Thursday with “money for a challenge” and sign Thanksgiving for what the bank and executive director did for veterans. JPMORGAN hired an employee who did not have a diploma or corporate experience, in 2013 an employee is now a banker in the middle market in the JPM commercial and investment bank, a spokesman said. (The employee received a coin from Admiral Michael Mullan, a former US president of a joint staff chief.)
In 2011, JPMORGAN Chase and 10 other companies vowed to hire 100,000 veterans. The program has been developed in more than 315 companies since then Mission of veteran jobswho hired over 900,000 veterans and their military spouses. JPMORGAN Chase is the founder of the Mission of Veterans’ Affairs.
Dei name change
Dimon on Thursday also confirmed the dedication of the bank according to the efforts on diversity, capital and including the bank, even as other large companies like Amazon and Goal They rolled or removed their dei programs. But a day later, JPMORGAN Chase changed his policies on the matter
Jennifer Piepszak, JPMORGAN Chase’s Coo, sent a memorandum on Friday, saying to employees that the bank changes the program name in Doi, which means diversity, capabilities and involvement. Piepszak said that “E” in Dei always meant “equal opportunities for us, not the same outcomes.” The bank also plans to reduce “training”, apparently refers to teaching that is intended to teach workers how to treat respect for different minorities, including racial and transgender employees. The training sessions were never a large part of their life on the JPMORGAN, but “the ignorant were sent and the company was better for that,” said a third employee, who did not watch the City Hall, said Wealth. (All sources mentioned in this story, who refused to talk about a record of fear of retaliation, checked Wealth).
Some of the programs that were previously part of Doi -a will now be part of different business lines, including human resources and corporate responsibility, Piepszak said in a memory that has been reviewed Wealth.
Which one?
Plano City Hall only comes for a few weeks of a meeting in February where Dimon delivered explicit filled rant After he was asked about returning to changes to office policy. Earlier this month, JPMORGAN Chase began to require all his 317.233 Employees to return to the office full time five days a week. About 40% worked on a hybrid schedule for the office three days a week-from Pandemia Coid-19 from 2020. Many bank workers were upset due to the RTO and in February, launched publicly visible request Urging Dimon to keep the hybrid model the bank has been using for years. JPMORGAN Chase also faces with association push among some workers.
During the meeting, a jpmorgan chase is mentioned. Dimon, like many executives of Fortune 500, is an advocate of returning to the office, believing that he encourages innovation, career development and cooperation. On Thursday, Dimon said again that he believed that young people had more benefits than the interactions of personal persons.
There were some logistical hiccups with the introduction of a return bank to work. Some employees complained about the lack of tables and stain Wi-Fi, Fortune is reported. Executive director admitted that some buildings at the Dallas-Fort Worth bank campus were ready for workers, while others were not. In his opinion, a team of facilities “did a good job,” Dimon said.
This story is originally shown on Fortune.com
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