JPMorgan's 60-story headquarters at 270 Park Avenue will open this year with extensive amenities including a gym, a massive food hall, and a 24/7 grab-and-go. The building normalizes round-the-clock presence by offering food and facilities at all hours. Work and life are often indistinguishable on Wall Street, and face-to-face presence in conference rooms or the in-house pub is portrayed as key to success. JPMorgan led a wider return-to-office push, calling nearly all employees back full-time, while CEO Jamie Dimon criticized remote work as harmful to company culture. Headhunters, consultants, and management experts said the building telegraphs cultural expectations and reinforces Wall Street's obsession with employees putting in face time.
The 60-story, amenity-packed skyscraper at 270 Park Avenue is scheduled to open this year, just as Wall Street beats the return-to-office drum louder than ever. With a gym, massive food hall, and 24/7 grab-and-go option, the building reinforces a long-standing law of Wall Street: work and life are often indistinguishable. And if you want to be successful, that work happens face-to-face, either in a conference room or the in-house pub.
Headhunters, consultants, and management experts told Business Insider that JPMorgan seems to be telegraphing its cultural expectations as much as the Wall Street hours with the new building. Representatives for JPMorgan declined to comment. "There'll be people there at night, there'll be people on the weekends, and if you're there, you might as well take advantage of some of these things," said Alan Johnson, founder of compensation consultancy Johnson Associates, adding that Wall Street has long had an "obsession" with people putting in face time.
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