4 ms·
> “Another current employee within the firm's commercial-banking division said she and her colleagues have resorted to discussing some work-related topics on fo
by JackFr 3y ago
> “Another current employee within the firm's commercial-banking division said she and her colleagues have resorted to discussing some work-related topics on forums like the iMessage app”
Now that's amusing and quite a tell as to how much BS the whole thing is.
No one at JPM cares how much loafing there is. However:
"JPMorgan Chase is paying $200 million in fines to two U.S. banking regulators to settle charges that its Wall Street division allowed employees to use WhatsApp and other platforms to circumvent federal record-keeping laws." https://www.cnbc.com/2021/12/17/jpmorgan-agrees-to-125-million-fine-for-letting-employees-use-whatsapp-to-evade-regulators.html#:~:text=JPMorgan%20Chase%20is%20paying%20%24200,circumvent%20federal%20record%2Dkeeping%20laws https://www.cnbc.com/2021/12/17/jpmorgan-agrees-to-125-milli....
discussing work related stuff on iText? That will literally get you fired.
Update: And if you don't think the banks are serious Citi dinged a C-level guy a couple of million for allowing it.
https://www.bloomberg.com/news/articles/2023-03-15/citigroup-trims-ybarra-s-pay-after-staffers-misuse-of-whatsapp#xj4y7vzkg https://www.bloomberg.com/news/articles/2023-03-15/citigroup...
- ericmay 3y ago> discussing work related stuff on iText? That will literally get you fired. I guess it depends on who and also what we mean by work-related stuff. I don't disagree with you or others that something like discussing a confidential deal or sharing idk screenshots of customer accounts or something would get you fired. As it should. The article was generic with "work-related topics" so I was too. Sending a text saying "Hey I'm in the CCB analytics weekly business review meeting with so and so can I call you back" won't get you fired. Both are "work-related" but clearly there are differences. In the context of the Reddit post and the article, I think the substance was basically a few 601 level employees (at most) sharing some vague "leak" of things they really don't know much about or understand and then the whole Internet speculating on Jamie Dimon sitting there taking screenshots of your bedroom to see if you bought a Playstation or an Xbox. Like any good conspiracy there are elements of truth - JPMC absolutely monitors badge in/out and absolutely logs all of your VDI activities and it would not surprise me if from time to time (or even all the time) they take a quick screenshot when you log in to see if your face matches your employee ID as a security prevention feature. But a lot of that post seemed like nonsense and saying "employees have to resort to talking about work on iMessage forums!" redoubled my doubt on the whole thing.
- JackFr 3y ago> The article was generic with "work-related topics" so I was too. Sending a text saying "Hey I'm in the CCB analytics weekly business review meeting with so and so can I call you back" won't get you fired. Both are "work-related" but clearly there are differences. Being deposed by the OCC, SEC, Fed or OFHEO and having to make the argument that somehow your business communications weren’t subject to Federal banking record keeping regulations, is just not a spot you want to be in.
- ericmay 3y agoSure. Yet tens of thousands of financial sector employees are going to send these kinds of work related messages every single day. > It’s also illegal to drive over the speed limit