JPMorgan Chase CEO Jamie Dimon estimated that 20 to 30% of staff will work from home on a rotating schedule due to the coronavirus pandemic, while recently speaking at the Sibos financial conference.
“There will be some permanent work from home. People who work from home will permanently rotate or have a schedule three days in, two days out,” Dimon said on Monday. “I don’t think it will be 100% of the population. It will be 20-30% or something like that. It’s got to work for the companies and the clients.”
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JPMorgan Chase employees have been working on such a rotation starting this fall, although only a quarter are back in its New York City offices. The company thinks such a system will save on real estate and public transportation as well