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JPMorgan’s Jamie Dimon slashed worker bonuses for not helping diversity efforts

Brittany De Lea
·1 min read

JPMorgan CEO Jamie Dimon reportedly cut bonuses for employees who were not on working to advance the bank’s diversity mission.

During a conference on Friday, Dimon said he cut some workers’ extra pay because they “did nothing to help” diversity efforts, as reported by Financial Times reporter Laura Noonan.

A spokesperson for JPMorgan did not immediately return FOX Business’ request for comment.

UP TO 30% OF JPMORGAN STAFF WILL WORK FROM HOME ON ROTATING BASIS: JAMIE DIMON

The company announced on Thursday that it planned to make a long-term $30 billion commitment to advance racial equity, especially for the Black and Latinx communities.

“Systemic racism is a tragic part of America’s history,” Dimon said in a statement. “We can do more and do better to break down systems that have propagated racism and widespread economic inequality, especially for Black and Latinx people. It’s long past time that society addresses racial inequities in a more tangible, meaningful way.”

The plan includes funding, equity and loans.

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