Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

All workers must be paid a living wage for their labor.
Income inequality is the main cause of lower living standards.
Workers must join together and fight back for what is rightfully theirs.
We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

Our Goals

Higher wages for underpaid workers.
Better worker representation, including but not limited to unions.
Better and fewer working hours.
Stimulating a massive wave of worker organizing in the United States and beyond.
Organizing and supporting political causes and campaigns that put workers first.

founded 2 years ago

MODERATORS

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TinMod@lemmy.world

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More than 90% of JPMorgan employees reported a decline in morale following RTO (www.linkedin.com)

submitted 3 days ago by bytesonbike@discuss.online to c/workreform@lemmy.world

22 comments fedilink hide all child comments

JPMorgan Chase employees believe their work-life balance and health and well-being declined following the bank’s decision to return to office full-time in March, Barron’s reports. Based on an internal survey released this week of 90% of the workforce, the aforementioned areas scored lowest, alongside opportunities for internal mobility.

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[–] roofuskit@lemmy.world 66 points 3 days ago* (last edited 3 days ago) (3 children)

That was the point. It's an unstructured layoff, where they create conditions that will force people to quit which reduces costs. But it does not carry the same scrutiny and regulation of a formal layoff.

Edit: The other factor I think is causing these return to office requirements, is that the venn diagram of commercial real estate investors and sitting corporate board members is a circle.

Investors should be demanding the paper trail for how these RTO decisions are made. It's going to hurt a company's ability to hire the best candidates in the long run and that's going to affect profits.

[–] Sc00ter@lemm.ee 22 points 3 days ago

The only problem with this tactic as an unstructured layoff is that the first people to walk out the door are the people who can easily get jobs else where. You lose your best talent and retain the people who are less likely to find a new job

Execs dont really care tho. Each person is a number and skill sets dont matter

[–] HK65@sopuli.xyz 5 points 3 days ago

Most stocks are held by institutions who also hold most real estate.

[–] Ledericas@lemm.ee 2 points 3 days ago* (last edited 3 days ago)

thats called constructive dismissal, basically pressuring people to resign, by creating a toxic work environment. it was all people could talk about in the "work" subs '23-'24