At JPMorgan\, productivity falls for staff working at home

By Michelle F. Davis

A troubling pattern emerged as most of JPMorgan Chase & Co.’s employees worked from home to stem the spread of Covid-19: productivity slipped.

Work output was particularly affected on Mondays and Fridays, according to findings discussed by Chief Executive Officer Jamie Dimon in a private meeting with Keefe, Bruyette & Woods analysts. That, along with worries that remote work is no substitute for organic interaction, is part of why the biggest U.S. bank is urging more workers to return to offices over the coming weeks.

“The WFH lifestyle seems to have impacted younger employees, and overall productivity and ‘creative combustion’ has taken a hit,” KBW’s Brian Kleinhanzl wrote in a Sept. 13 note to clients, citing an earlier meeting with Dimon.

The bank has noticed the productivity decline among “employees in general, not just younger employees,” JPMorgan spokesman Michael Fusco clarified in an emailed statement, adding that younger workers “could be disadvantaged by missed learning opportunities” by not being in offices.

JPMorgan’s findings provide a data point in the debate over whether employees perform as well at the kitchen table as they do in the workplace, showing extended remote work may not be all it’s cracked up to be, at least for some job functions. While pre-pandemic studies found remote workers were just as efficient as those in offices, there were questions about how employees would perform under compulsory lockdowns.

JPMorgan last week told its most senior sales and trading employees that they would be required to return to their offices by Sept. 21, the strongest move yet by a U.S. bank to restaff its workplaces. Workers in other functions are also being encouraged to return, up to a maximum building capacity of 50% in New York.

“Overall, Jamie thinks a shift back to the office will be good for the young employees and to foster creative ideas,” Kleinhanzl wrote.

At JPMorgan\, productivity falls for staff working at home

Amazfit GTR 2, Amazfit GTS 2 to be Launched on September 22; Design Teased | Technology News

Amazfit GTR 2, Amazfit GTS 2 to be Launched on September 22; Design Teased

Huami founder and CEO Wang Huang commented on the similarity between Huami Amazfit and Apple Watches.

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Amazfit GTR 2, Amazfit GTS 2 to be Launched on September 22; Design Teased

Photo Credit: Huami

Amazfit GTR 2 and GTS 2 are expected to have SpO2 and stress detection features

Highlights
  • Amazfit GTR 2 and GTS 2 will be launched on September 22
  • The smartwatches are expected to have SpO2 and stress detection features
  • Amazfit GTR 2 will carry a circular dial

Huami will be launching the Amazfit GTR 2 and Amazfit GTS 2 smartwatches on September 22. Amazfit released an invite for the same on Chinese microblogging site Weibo, and the founder and CEO of the company, Wang Huang, also commented on the similarity between Amazfit and Apple Watches. The upcoming smartwatches are expected to have SpO2 and stress detection features. Amazfit GTR 2 and GTS 2 are expected to be similar to their predecessors but have more advanced features.

Amazfit shared an invite poster announcing the upcoming launch, and shared photos of the soon-to-be-launched Amazfit GTR 2 and Amazfit GTS 2. Amazfit teased that the smartwatches may boast of SpO2 features.

Huami founder Wang Huang commented on the challenges faced while designing Amazfit GTR 2 and GTS 2. He said that while it was difficult to create a classic, it was even harder to surpass one. Huang said that the company focused on things such as the stylish appearance of the watch, the long battery life, and the health features.

As per a teaser poster shared by Huami on Weibo, The Amazfit GTR 2 has a round face and a narrower dial bezel than its predecessor. Amazfit GTR 2 that sports a classic look is expected to exceed its predecessor on the battery front. The Amazfit GTR comes with a 410mAh battery that can last up to 74 days in basic watch mood.

The Huami Amazfit GTS 2, meanwhile, has a square-shaped design, and looks slimmer than its predecessor. The Amazfit GTS has a battery life of 14 days and a 1.65-inch (348x442 pixels) AMOLED display with a curved screen.

Wang Huang said that the company faced challenges while designing the second generation smartwatches. It wanted to make the appearance of the Amazfit GTR 2 and GTS 2 more stunning, improve on the health functions and subtract the user's learning costs while adding on additional functions.

Amazfit GTR 2 and Amazfit GTS 3 will be launched on September 22 at 2pm CST Asia (11:30 am IST).

 


Should the government explain why Chinese apps were banned? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below.

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Further reading: Huami, Amazfit GTR 2, Amazfit GTS 2
Tanishka Sodhi Tanishka Sodhi is a sub-editor at Gadgets 360. As a journalist, she has covered education, culture, and media and mental health. She is interested in the intersection of technology and culture, and its impact on everyday lives. Tanishka is a staunch advocate of gender equality, and the correct use of commas. You can get in touch with her via Twitter at @tanishka_s2 or drop a mail at tanishkas@ndtv.com. More
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At JPMorgan\, productivity falls for staff working at home

'I wish to take an informed risk': Anwar Ali Desperate to Continue Football Career Despite Heart Condition
3-MIN READ

'I wish to take an informed risk': Anwar Ali Desperate to Continue Football Career Despite Heart Condition

Anwar Ali

Anwar Ali

Anwar Ali is desperate to continue playing football and said if AIFF bans him due to his heart condition, it would be a 'death sentence' for him anyway.

  • Last Updated: September 16, 2020, 12:42 PM IST

Former Mumbai City, Indian Arrows and FIFA U-17 World Cup team defender Anwar Ali is at crossroads today. He wants to continue playing for he says "football is the only thing I know" but his heart condition has left his future in the hands of All India Football Federation (AIFF). The federation's medical committee is currently deciding whether or not Anwar should be allowed to play.

Just a year ago, Anwar had signed a lucrative contract with Mumbai City FC and before that, he was a prominent figure in the Indian Arrows team. However, his world turned upside down last year when he was diagnosed with his congenital heart condition -- an extremely rare form of the already uncommon Hypercardio Myopathy (HCM). He took off to France for treatment and now that he is back, he wants to play again.

He signed with Kolkata club Mohammedan Sporting to play the I-League second division but he cannot do that until and unless he is given a green signal from the AIFF.

"Article 21 of the Indian Constitution guarantees me the right to earn a livelihood for myself. If I wish to take an informed risk and am ready to monitor my condition with the help of medical experts, then it is ultimately my choice, whether I wish to take the risk of playing football professionally.

"If any club feels that they do not wish to take the risk to play me, they will not sign me, but if I am willing and my club is willing and I am ready to take necessary precautions then I do not see how my right to earn my bread and butter can be taken away from me," Anwar wrote in a detailed letter running into 57 pages - with documentary evidences and medical reports - to the AIFF on Tuesday, as stated by Times of India.

The news report states that before receiving Anwar's letter, the medical committee had "verbally" agreed that the youngster should not be allowed to play but they delayed the decision after receiving his letter and audio transcripts of Anwar's appointment with Dr F. Carre, head of sports medicine at CHU Rennes in France.

Anwar grew up grazing cattle in a small dairy farm - one that his father owns in Adampur, Punjab. He feels if not for football, he would be grazing cattle today as well. "Being a large family and me being the only earning member, it is very difficult for us to make ends meet even when I am earning as a professional footballer," Anwar further said.

If Anwar takes the field with his heart condition, there is always going to be a risk of a cardiac arrest on field, which may even lead to his death. But Anwar said that AIFF's ban would be a "a death sentence" anyway.

"If AIFF bans me, I'll be forced to play in low level tournaments like Khep in Kolkata to make ends meet. There are no medical facilities in these tournaments, so the chances of me dying on the field will be much higher. Your disqualification of me will be a death sentence for me and my family. I beg you to let me play," said Anwar.

Anwar, who is unhappy with the fact that he has not been given a personal hearing with the medical committee, pointed out how AIFF had not intervened in situation with some footballers in a similar situation in the past like Dipendu Biswas and Anwar Ali Senior's heart attack on the field while with East Bengal..

"There is more risk of me and my family dying from hunger if my only earning source is taken from me, than there is of me dying from Sudden Cardiac Death (SCD) on the field while playing," Anwar said.

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