JP Morgan bankers are told to ‘find somewhere else to work’ if they don’t want to return to the office five days a week

JP Morgan will force its UK staff to return to the office five days a week from March, with employees told to ‘find somewhere else to work’ if they don’t like it. 

An investment banker, who wished to remain anonymous, revealed the firm’s boss Jamie Dimon has made it clear to staff they will need to look for new jobs if they’re unhappy with the new diktat.  

She told MailOnline: ‘Jamie Dimon (JP Morgan’s CEO) is set on the fact he wants an in the office model and if people don’t want to be there they shouldn’t be working at JP Morgan.

‘For certain teams there are hybrid models, but my team has the five days a week culture. A lot of people haven’t been happy with the removal of the hybrid model as it reduces flexibility.’

The worker, whose worked for JP Morgan for nearly two years, added that everyone in its  Canary Wharf office has been allocated a desk and face being shuffled around in March. 

The Wall Street giant has two London offices; Canary Wharf, their headquarters and Victoria Embankment.

But the capital-based offices cannot currently accommodate all 14,000 of its staff, so employees will be brought back floor by floor from March, MailOnline understands.

In a company-wide announcement made on January 10, 2025, the firm announced they have re-evaluated the ‘benefits and challenges’ of remote working and their 22,000 UK staff will no longer be allowed to work from home. 

The investment bank has two offices in London, Canary Wharf, their headquarters and Victoria Embankment

Jamie Dimon (pictured) is said to be ‘set on’ workers returning to the office and ‘if people don’t want to be there they shouldn’t be working at JP Morgan’, an investment banker told MailOnline 

In the memo sent to staff via the firm’s Operating Committee, they said: ‘Developing effective teams and maintaining a vibrant, healthy culture are clearly key for our success — and we believe best achieved through working together in person.

‘This is why starting in March, we’ll be asking most employees currently on a hybrid schedule to return to the office five days a week.’

The move sparked backlash from staff, more than 1,000 people have signed an online petition, started by a group called JPMC Workers, calling on JP Morgan to expand its hybrid working policy.

Some members of staff have been on hybrid models, where they can work from home once or twice a week, while Managing Directors, bankers and traders have been working from the office five days a week for some time.

Jamie Dimon, the bank’s chief executive has been adamant that all staff will work in the office five times a week.

According to Reuters, at a town hall meeting on Wednesday, Mr Dimon hit back at the complaints, suggesting that employees are free to leave if they disagree with the policy. 

Mr Dimon reportedly said: ‘I don’t care how many people sign that f****** petition.’

JP Morgan has eight offices in the UK, including the two London offices, technology hubs in Glasgow and Bournemouth and regional offices in Edinburgh, Manchester, Leeds and Bristol.

The firm posted record full-year profits of $58bn (£46bn) in January, driven by a surge in revenue. The bank’s trading business also saw its profits boosted by volatility surrounding the US election.

JP Morgan declined to comment.