Thoughts on JPMorgan’s potential full RTO

No shocker here. A bank sitting on a pile of commercial real estate and handing out tons of loans to third-party players in the same game, was never gonna stick with that 2/5 work-from-home deal forever. They’re just looking out for their own bottom line. By pulling people back into the office, they’re trying to preserve the value of their buildings and making sure their borrowers don’t end up in trouble either. That whole flexible schedule thing was probably just a stopgap to keep people happy post-COVID. Realistically, there was no way they’d ride that wave long-term with so much money tied up in office spaces.

https://www.bloomberg.com/news/articles/2025-01-07/jpmorgan-planning-to-bring-staff-back-to-office-five-days-a-week

Any thoughts?