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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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22787050 No.22787050 [Reply] [Original]

Why is J.P. Morgan ordering employees to return to the office by the end of September?

>> No.22787265

Because old school wall street mentality is absolutely retarded. They still place emphasis on things like face-time and networking, eschewing real quantitative talent for decades.

>> No.22787508

>>22787050
Mass lay offs. Blockchain will save money for the banks and consumer by cutting off unwanted fat.

>> No.22787544

>>22787050
>gay virus makes 3-day coof
everyone's finished with this scam

>> No.22787555

>>22787265
>>22787508
this soon

>> No.22787597

Virus over. Financial elite back to work.

They make money first. The sheep will follow... Thank you for your office in the 2020 Covid-19 purge

Next year it will be more exciting and deadlier .... Not because of the virus but because of the economy.

>> No.22787613

Because Biden will win, thus memoryholeing corona

>> No.22787635

>>22787613
no biden wont win
and the left is over

>> No.22787646

>>22787050
they and other big businesses are going to force people back because the cities are going to go to shit without all that office foot traffic pouring money into the local economy. if you thought remote work was the future, not really. they need your stupid ass in the cities to pay for stuff there.

>> No.22787668

>>22787050
coz everything goes up after september dump
i guess

>> No.22788229

>>22787635
Uh yes. He will. Democrat chairman of ab entire district here. Lol look I know how it feels to be distressed at losing a President you love (for me: Obama and Reagan), but it’s for the best friend. Someday you’ll understand and gain that wisdom. I truly truly pity republicans. I’m sorry for your stage in life.

>> No.22788333

>>22787646
You think Google gives a fuck about San Francisco when they can draw from a better talent pool and pay workers less?

It's nothing new. All these recent powerhouse cities like SF, NY, and Dallas are about to go the way of Cleveland and Detroit. The only ones that will be saved are probably college towns like Austin.

>> No.22788342

>>22788229
you really don't get at all
What coins do you hodl ?

>> No.22788379

>>22788342
Lol coins. Please. We hold only sophisticated instruments. Try Emerging Economies Nationalised Loans Scheme Fund.

>> No.22788394

>>22788342
I know posters like him and can safely say he holds his entire net worth in Marvel and Star Wars Funko pops.

>> No.22788435

>>22788394
you were right
>>22788379

>> No.22788500

>>22787050

so they can watch them line up on the roof to jump

>> No.22788525

>>22787050
They're trying to save New York, since JPMorgan owns a good chunk of New York's muncipal bonds, and no one is buying. By pushing their wageslaves back to work, this would at least delay the inevitable collapse of New York.

>> No.22788541

>>22788379
>Nationalised Loans Scheme Fund

zero fucking shame on that one, just put it out there why don't you?

>> No.22788590

It's also likely that the municipal bond holders and the government of New York reached some kind of deal, which is signified by Cuomo+staff not being payed for 1 week.

>> No.22788627

The real bag-holder here is JP Morgan and the New York taxpayer. It's a game where everyone loses and trash piles on the streets of New York. This is like the 5th time it's happened to that crappy city.

>> No.22788715

>>22787050
Because the market is collapsing, especially the financial sector.

>> No.22789760

>>22788525
Visited NYC last weekend, absolute ghost town it was eerie

>> No.22789867

>>22787544
This
Fucking 99.99% survival
Why the fuck are normies still scared?

>> No.22790393

>>22787050
Cause they had the close out their silver shorts because the great reset metal backed CBDC is going live q4.
The branches they closed for covid will be used as treasury banks as part of the rico settlement, and they need everyone around to make sure everything goes good

>> No.22790801

>>22787050
They need all hands on deck to prepare for the Chainlink integration

>> No.22790981

>>22789760
Owning billions of dollars worth of municipal bonds has its risks. Municipal bonds are not "risk-free", New York has to either raise taxes or reduce spending (austerity) and the only way around this is to stimulate the economy by pushing people back into the office and by keeping the financial cogs going to keep the liabilities afloat.

>> No.22791147

>>22790981

Don't they just create funny money to pay the bondholders by issuing new bonds?

>> No.22791186

>>22787544
retard

>> No.22791259

>>22787265
nigga have you wfh'd? no one does literally anything

>> No.22791348
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22791348

>>22790393
Plz be real