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Fortune
Fortune
Luisa Beltran

JPMorgan employee who questioned Jamie Dimon’s RTO mandate says he was fired—then told he could stay—after testy town hall

Photo of Jamie Dimon (Credit: Tom Williams—CQ-Roll Call, Inc via Getty Images)

When Nicolas Welch snagged a front-row seat at JPMorgan Chase’s town hall meeting in Columbus on Feb. 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 JPMorgan 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. 

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