JPMorgan employee who questioned Jamie Dimon's RTO mandate says he was fired--then told he could stay--after testy town ha
Fortune
JPMorgan employee who questioned Jamie Dimon’s RTO mandate says he was fired—then told he could stay—after testy town hall
Luisa Beltran
Updated Sat, February 15, 2025 at 12:43 PM EST
7 min read
When Nicolas Welch snagged a front row seat at JPMorgan Chase’s town hall meeting in Columbus, OH on February 12, he wasn’t expecting any trouble. He was just a few feet away from Jamie Dimon, the bank’s chairman and CEO, who sat on stage to address roughly 1,000 employees in person and thousands more on Zoom.
Like some others at the bank, Welch is unhappy about a recent directive that has ordered all 317,233 JP Morgan Chase employees to resume working in the office five days a week starting next month. Currently, roughly 40% of JPMorgan Chase’s employees are on a hybrid schedule, where they can work from home two days a week.
Welch, an analyst in tech ops who has worked for JPM since 2017, says he is going through a divorce and is seeking flexibility to deal with family and childcare issues. “I want to do the job I love with flexibility to do it,” he told Fortune. (Welch for the time being has a reprieve. Polaris is JPMorgan Chase’s regional headquarters in Ohio and no date has been set yet for the return of their more than 12,000 employees.)
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