JPMorgan Chase CEO Jamie Dimon said any New York City-based staffer who refuses to get the COVID-19 vaccine is now at risk of getting fired as Wall Street tightens a clampdown in the face of the Omicron variant.
Dimon announced the new policy on Monday — just days after another investment banking giant, Citigroup, set a Friday deadline for all of its US-based employees to get inoculated.
“If you aren’t going to get vaxxed, you won’t be able to work in that office. We’re not going to pay you not to work in the office,” Dimon told Reuters.
“We want people to get vaccinated.”
The new policy represents a harder line at JPMorgan Chase, the largest asset-holding bank in the country, which last month had told its Manhattan-based staffers that they could work from home if they declined to get vaccinated.
Previously, those who were unvaccinated and chose to work from the office could do so if they submitted to regular testing. Last month, JPMorgan had told unvaccinated employees they could work from home temporarily until “alternative solutions are considered,” according to Bloomberg.
When asked this week whether JPMorgan Chase would adopt a hybrid work policy allowing employees to split their time between home and the office, Dimon said: “We don’t have to answer this right away.”
JPMorgan CEO Dimon threatens to fire unvaccinated workersJPMorgan CEO Dimon threatens to fire unvaccinated workers