JPMorgan Chase, the largest bank in the U.S., reportedly plans to end remote work and require more than 300,000 employees to be in the office five days a week.
And it’s not even guaranteed to work. All corporations seem to be doing (quiet) layoffs so most employees just suck it up and commute, brimming with fresh resentment.
Any quiet firing will tend to selectively get rid of more good workers than bad workers. The stars with good resumes and reputations in the industry can find good work elsewhere, and on the margins shittier work conditions will cause them to leave. The ones who can’t get another job are the ones that stay, and aren’t going to be as productive.
And it’s not even guaranteed to work. All corporations seem to be doing (quiet) layoffs so most employees just suck it up and commute, brimming with fresh resentment.
Any quiet firing will tend to selectively get rid of more good workers than bad workers. The stars with good resumes and reputations in the industry can find good work elsewhere, and on the margins shittier work conditions will cause them to leave. The ones who can’t get another job are the ones that stay, and aren’t going to be as productive.