Jamie Dimon rips working from home as 'management by Hollywood Squares'

On a call with the bank's wealthy clients last week, Jamie Dimon used a reference to a TV show to reiterate his preference for workers to return to work.

On the Tuesday call, he argued that remote work makes a working environment less honest and more prone to procrastination. A lot of people at home text each other and say what a jerk that person is. The game show in which celebrities sat in a three-by-three grid to answer questions is no longer in production.

The tussle between management and employees on a return to the office is heating up, and a possible economic downturn threatens to erode employees' leverage to stay home.

It has been said that work-from- home is not a good fit for employees. He said that remote work doesn't work for people who want to hustle, doesn't work for culture, and doesn't work for idea generation.

In a shareholder letter released earlier this year, the bank said that it expected half of its employees to return to the office full-time. In order to ensure compliance with the new policy and to better measure productivity, JP Morgan is reportedly monitoring the time employees spend on the internet and email.

In his fight against working from home, he argued that it harms the U.S. drive for diversity.

He said that workers who stayed home were denying themselves opportunities to meet other people. If you live in certain parts of the country and eat out, it is all white, according to the CEO.

Black and Hispanic workers are teleworking at a lower rate than whites. A study done by the U.S. Centers for Disease Control and Prevention shows that black and Hispanic workers are more likely to work from home. Black and Hispanic workers are overrepresented in jobs that don't allow for remote work, according to a study by the CDC.

Half of Black office workers want to work from home, compared with 39% of white workers and 29% of Hispanic workers, according to a survey by the Society for Human Resource Management.

CEOs, real estate developers, and even city mayors have called for workers to come back to work. Stephen Ross predicted in June that a recession would cause people to fear that they wouldn't have a job and that would bring people back to the office. Workers don't want to go to work. The Future Forum found that only one in five knowledge workers wanted to come back to work.

According to a security company, the national Office Occupancy Rate is around 43%.

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