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JPMorgan Chase CEO has revealed that employees refusing to receive a Covid-19 vaccine could face termination.
The CEO, who has been an opponent to remote working, told CNBC that the firm’s vaccine mandate for its New York headquarters is barring unvaccinated employees from entering its offices and that they do not have the ability to work from home and remain unvaccinated.
“To go to the office you have to be vaxxed and if you aren’t going to get vaxxed you won’t be able to work in that office,” said Dimon. “And we’re not going to pay you not to work in the office.”
Dimon has been a huge advocate of in-person work, stating that young people within the financial industry benefit from mentorship from senior employees.
The company does not have one set strategy in terms of vaccine mandates and adjusts its policies depending on the laws across each state and city.
According to Dimon, 97% of employees in the company’s Manhattan headquarters are vaccinated.
