JPMorgan Chase Is Preparing Its Return-to-the-Office Plan

According to an internal JPMorgan Chase (NYSE: JPM) memo obtained by Reuters, the giant bank is crafting a plan to begin gradually bringing its considerable workforce -- which numbers around 200,000 souls -- back into the workplace.

This makes it the first of the Big Four banks to acknowledge it is putting a back-to-the-office strategy in place.

Of those 200,000 or so employees, roughly 180,000 are currently working from home in accordance with guidelines set by various governments and health authorities. However, a number of critical functions for the bank -- such as securities trading and IT tasks -- are significantly more difficult to perform in remote-work situations.

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Source Fool.com