Too many people stay in their lane, JPMorgan CEO Jamie Dimon says: ‘That is a bureaucratic, stupid direction’

Quick Summary:

In the end, "complacency, arrogance, bureaucracy and BS kill companies,” according to the Wall Street boss.

Employees kept quiet to avoid working extra hours and tanking morale, an unspoken trade-off that cost the business.

In his annual shareholder letter, the Wall Street CEO didn’t hold back, describing it as a “disease” that undermines success.

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Article Details

Author / Journalist: Orianna Rosa Royle

Category: EconomyBusiness

Markets: United States

Topics: Jamie Dimon Career Advice Tariffs JPMorgan Chase Careers Fortune 500 Donald Trump Management advice Chief executive officer (CEO) Wall Street

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 16:21:23 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 780 words

Reading Time: 5 minutes read

Sentences: 5 lines

Sentence Length: 156 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27667399

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 67 posts per day

Year Established: 1929

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News Last Updated: 9 hours ago

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