The JPMorgan tech analyst who nearly misplaced his job after slamming Jamie Dimon over the financial institution’s return-to-office coverage can be allegedly behind a string of inflammatory Reddit posts that skewered the legendary CEO, The Put up has realized.
Leaked screenshots from a chat group on the encrypted messaging app Sign and reviewed by The Put up seem to present Nicolas Welch — who grabbed headlines final month when he publicly challenged Dimon over the financial institution’s work-from-home clampdown — boasting about sarcastic Reddit posts he had written underneath the headline, “Hey there, Uncle Jamie.”
Posting on the favored message board underneath the pseudonym Hungry_Walrus2736, Welch seemingly had ripped Dimon’s “archaic sensibilities” over his drive to ban individuals from working from residence.
“As much as you are the figurehead, the reality is that we built this company. We are responsible for that value increase. And one-third of your employees accomplished that from home,” Welch apparently ranted.
Welch, who publicly clashed with Dimon at an all-hands assembly in Columbus, Ohio, posted within the Sign group that he was in a position “to maintain plausible deniability by not using my name” on Reddit.
However screenshots obtained by The Put up present that the feisty know-how analyst failed to make use of a pseudonym on the encrypted chat service.
Sources advised The Put up the Sign group had been created to prepare towards the corporate’s new requirement that staff come to the workplace 5 days per week as a substitute of three.
Welch went on to disclose that he had a rapport with a Enterprise Insider reporter, boasting that “I’ve got her cell number” and saying he labored along with her “on a couple of articles” up to now.
Welch added that the outlet, which first reported the existence of the Sign group, was planning a bit on how the RTO mandate will drive JPMorgan’s staff into “paying a ton more for childcare, figuring out how they will car[e] for aging loved ones, etc…”
One other member of the chat posting as ‘Bob Banker’ then weighed in on how the Sign group’s members would possibly proceed partaking with the media sooner or later.
“I might wait to post more stories on Reddit,” the person wrote. “That way, we conserve our stories for moments of maximum impact instead of drip by drip.”
Welch didn’t reply to a request for remark. A consultant for JPMorgan didn’t reply to a request for remark.
Leaks from the Sign group chats might land Welch in sizzling water once more after he managed to narrowly cling to his job simply over a month in the past.
The Sign chat members repeatedly check with Nicholas Welch as the identical individual from the city corridor.
A JPMorgan rep insisted on the time that Welch “didn’t say anything wrong in the town hall.”
The corporate additionally disputed a report that he was fired after which rehired.
Welch, who’s reportedly going by a divorce, had publicly questioned Dimon on the mid-February powwow in Columbus — the place Dimon grabbed headlines for occurring a foul-mouthed rant in response to pushback towards his RTO coverage.
The 69-year-old CEO stated the COVID-era work-from-home coverage was stifling innovation and effectivity.
It prompted Welch, who has been with the financial institution for 10 years, to ask on the occasion whether or not the choice must be left to lower-level managers.
Dimon advised his rank-and-file that they need to not “waste time” by signing a petition that had been circulating demanding that the corporate maintain off on bringing again RTO 5 days per week.
“I don’t care how many sign that f—-king petition,” the JPMorgan boss was quoted as saying by Barron’s, which first obtained a leaked recording of February’s assembly.
The petition claimed that the brand new mandate disrupts “work-life balance, increases commuting costs, and dismisses the lessons learned during the pandemic.”
Dimon additionally complained that staff don’t focus when collaborating in Zoom calls.
Dimon’s stance comes amid a nationwide crackdown on distant work by a number of main companies, together with crosstown rival Goldman Sachs.
Even US authorities pen-pushers are being compelled again to the workplace 5 days per week after an government order from President Donald Trump.
All of JPMorgan’s 317,000 staff had been advised Jan. 10 that they needed to finish their hybrid work and return to the workplace 5 days per week, efficient from earlier this month.
Dimon additionally has another excuse to demand his employees clock again in.
The financial institution is constructing a $3 billion, 60-story headquarters at 270 Park Ave that can embrace a yoga studio, a meals courtroom, and even a pub.
The long-serving chief government, who raked in an eye-popping $39 million wage final yr, recounted a narrative on the now-infamous city corridor a couple of wealth administration matter that required 14 committee approvals.
“I feel like firing 14 chairmen of committees, I can’t stand it anymore,” he advised staff. “I’m sorry. It’s my fault. I’m the boss.”
Dimon, who additionally lashed out at DEI-inspired bias coaching, additionally slammed efficiency critiques for the financial institution’s working committee that might stretch to 6 pages.
“Because of legal and risk, they have to look at it, the regulators might say,” Dimon stated. “I get the thing, I throw it in the God-damned garbage can.”
