technology
JPMorgan CEO Jamie Dimon Advises Workers to Endure Challenges and Work Hard for Career Success
JPMorgan Chase CEO Jamie Dimon told workers at the World Economic Forum in Davos that every job includes difficult tasks and urged them to persist rather than seek new roles. He emphasized hard work over shortcuts and critiqued the focus on work-life balance amid declining engagement among young employees. Dimon also addressed automation's impact on hiring and advised openness to career changes.
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JPMorgan Chase CEO Jamie Dimon spoke with Patricia Devine, the bank's global head of corporate sales, at the Female Quotient lounge during the World Economic Forum in Davos, Switzerland, in January. Dimon stated that every job involves challenging aspects, saying, 'There’s going to be a grunt part to every part of a job.
' He advised workers against frequently changing jobs, noting, 'Do not get a new job,' and suggested that constantly seeking new opportunities can hinder career progress.
Dimon's comments come amid reports of declining workplace engagement among younger workers. According to Gallup, Gen Z employee engagement fell five percentage points between 2024 and 2025. A 2025 Randstad report indicated that the average tenure for Gen Z workers in their first five years of employment is 1.1 years, compared to 2.9 years for baby boomers at a similar career stage.
The Randstad study attributes this shorter tenure to a desire for growth rather than job hopping.
Dimon has enforced a full-time in-person work policy at JPMorgan Chase in 2025, stating that remote work from home limits learning opportunities. He told Gen Z workers, 'You can’t learn from your basement,' and argued that in-person work encourages innovation.
Work-life balance now ranks above pay as a top motivator for job seekers, per Randstad, though Dimon noted it requires working smart and remains important for employees with families.
Young workers face a different labor market than previous generations, having entered the workforce during the COVID-19 pandemic when remote and hybrid arrangements became common. Entry-level opportunities are decreasing as automation handles more routine tasks, reducing traditional paths for early career development.
