Jamie Dimon Doesn’t See a Return to Normal Until Middle of Next Year
- JPMorgan CEO doesn’t see return to normal until mid-2021
- Bank is aiming to bring back just 15% to 25% of workers now
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Jamie Dimon sees a need to begin returning to what work looked like before the pandemic struck, but he concedes the path to normal is still a long one.
JPMorgan Chase & Co.’s chief executive officer said his firm, which has been among the boldest on Wall Street in bringing employees back to the office, is still aiming for just 15% to 25% of capacity. Local regulations, a lack of a vaccine and workers’ personal circumstances will likely make fully staffing the bank’s offices impossible until the middle of next year at the earliest, he said.