JP Morgan CEO Has A Warning For Freshers Joining The Company: ‘If You Accept Another Job Offer In 18 Months…’



In an email sent to the new joining analysts at JPMorgan Chase, CEO Jamie Dimon has a stern warning regarding their stint at the firm. The mail states that with the reduction in their analyst program by making it 2.5 years new joinees can avail “quicker opportunities within the firm.” The leaked mail further emphasizes on the value proposition of the company before proceeding with the first set of dos and don’ts. It reads

To succeed in the Investment Bank Analyst Program, your full attention and participation are essential.

Attendance at all training sessions, meetings and obligations is required.

Missing any part of the training program may lead to removal from the program and termination.

It adds,

As a reminder, job searching outside JPMorgan Chase must be done on your own time and should not interfere with your responsibilities.

It further warns with an updated policy that

“accepting future-dated job offers with another company before joining us or within your first 18 months, you will be provided notice and your employment with the firm will end.”

Here;s how the internet is reacting. One user wrote, “This industry treats 22 year olds like shit.” Another remarked, “Expecting full loyalty while giving zero in return encapsulates Ibankers perfectly.” A third commented, “Companies that threaten their employees two-three times in the morning shouldn’t be surprised when their best start quitting on the spot.” Yet another user noted, “They’re using concerns about conflicts as a red herring for blatantly anti-competitive behavior.”

One user jibed,

If an employer sends you a ‘welcome letter’ that reads like a threat, take the hint and run.

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