Latest news with #2024InvestorDay
Yahoo
13 hours ago
- Business
- Yahoo
At JPMorgan's new HQ, the tech knows who you are — and how you take your coffee
JPMorgan's new Manhattan HQ features biometric scanners upon entry and circadian lighting. The $3 billion project aims to enhance work efficiency and employee satisfaction. CEO Jamie Dimon has called the bank's workers back to the office five days a week. JPMorgan has always been big on tech — an initiative on full display at its new Manhattan headquarters. America's biggest bank by assets has been promising that its new office tower at 270 Park Avenue will be loaded with "intelligent technology" since it announced the project in 2022. New details of the $3 billion project obtained by Business Insider reveal just how tech-forward the building will be. The 14,000 employees who will be housed at the New York tower will be able to activate coffee machines using QR codes and swipe into the building using biometric palm scanners. Want to preorder food from the dining hall, host a guest, or find a specific conference room? There's an app for that, which JPMorgan is asking employees to download to "boost your work efficiency." The details, gleaned from internal communications shared with Business Insider, offer a glimpse of what it's like to work at the bank behemoth, which earlier this year called back all of its more than 300,000 employees to the office five days a week. JPMorgan has also been spending billions on tech at the direction of CEO Jamie Dimon, who has been seeking to protect the bank from payment apps and other financial startups. "We have to compete with the best in AI and technology," Jamie Dimon said at the bank's 2024 Investor Day. With some employees' move-in set to start this year and continue into 2026, here's the lowdown on how the bank plans to use tech to keep workers happy and efficient as it calls them back to the office five days a week. Biometric scanners Even the way you enter the building will be leveled up using tech. One option to get past the turnstiles — besides your physical or mobile JPM badge — is "biometric authentication," which employees can already enroll in, according to employee communications shared on an internal bank portal. The bank showed a photo of a scanner that reads your palm. It said the biometric authentication will allow employees to "breeze from the lobby" to other parts of the building "by waving your hand!" It touted how easy it will be to get where you want to go. "After passing through the turnstiles, you can take an elevator to The Exchange on 14. From there, you can go up to your floor or take the escalator down to 13 for a bite to eat," the bank said, adding, "If you're a trader, you can take an elevator directly to the trading floors from the lobby." JPMC app The bank has a mobile app they call "Work at JPMC" to help employees with the move and to sign up for things like bike storage. It also has maps of the office to help people figure out what is where, and stores a digital version of your work badge. "You can pre-order from several offerings in The Exchange, as well as coffee bars throughout the building, using the Work at JPMC mobile app." Self-locking bathrooms The communications, which come just weeks after a tragic shooting at another Park Avenue office tower, suggest the bank plans to lean on tech to bolster building security. One example: primary bathrooms on each floor will have emergency locks that, when activated, alert building security, according to the portal. Under its emergency information, the bank says "primary bathrooms on each floor are equipped with an emergency lock that, when used, will alert building security. Security will assess the situation and respond, as appropriate." Coffee on demand The internal portal reveals just how much coffee is part of the JPM work culture. In addition to having four cafes in the building and "work cafes" on every floor, break rooms will have coffee machines "powered by QR codes" — symbols that open up apps or webpages when viewed through one's phone camera. Circadian rhythm lighting Being in an office building all day can take its toll on the body and the mind. The communications reviewed by Business Insider show that JPMorgan will use tech to try and make the office experience more natural. In addition to windows that will allow 30% more daylight than a typical office building, the bank said the tower will have "circadian lighting and design elements" that incorporate nature and "help reduce sensory overload." Read the original article on Business Insider
Business Insider
21 hours ago
- Business
- Business Insider
Biometric scanners, circadian lighting, and lattes on demand: How tech is shaping JPMorgan's new HQ
JPMorgan has always been big on tech — an initiative on full display at its new Manhattan headquarters. America's biggest bank by assets has been promising that its new office tower at 270 Park Avenue will be loaded with "intelligent technology" since it announced the project in 2022. New details of the $3 billion project obtained by Business Insider reveal just how tech-forward the building will be. The 14,000 employees who will be housed at the New York tower will be able to activate coffee machines using QR codes and swipe into the building using biometric palm scanners. Want to preorder food from the dining hall, host a guest, or find a specific conference room? There's an app for that, which JPMorgan is asking employees to download to "boost your work efficiency." The details, gleaned from internal communications shared with Business Insider, offer a glimpse of what it's like to work at the bank behemoth, which earlier this year called back all of its more than 300,000 employees to the office five days a week. JPMorgan has also been spending billions on tech at the direction of CEO Jamie Dimon, who has been seeking to protect the bank from payment apps and other financial startups. "We have to compete with the best in AI and technology," Jamie Dimon said at the bank's 2024 Investor Day. With some employees' move-in set to start this year and continue into 2026, here's the lowdown on how the bank plans to use tech to keep workers happy and efficient as it calls them back to the office five days a week. Biometric scanners Even the way you enter the building will be leveled up using tech. One option to get past the turnstiles — besides your physical or mobile JPM badge — is "biometric authentication," which employees can already enroll in, according to employee communications shared on an internal bank portal. The bank showed a photo of a scanner that reads your palm. It said the biometric authentication will allow employees to "breeze from the lobby" to other parts of the building "by waving your hand!" It touted how easy it will be to get where you want to go. "After passing through the turnstiles, you can take an elevator to The Exchange on 14. From there, you can go up to your floor or take the escalator down to 13 for a bite to eat," the bank said, adding, "If you're a trader, you can take an elevator directly to the trading floors from the lobby." JPMC app The bank has a mobile app they call "Work at JPMC" to help employees with the move and to sign up for things like bike storage. It also has maps of the office to help people figure out what is where, and stores a digital version of your work badge. "You can pre-order from several offerings in The Exchange, as well as coffee bars throughout the building, using the Work at JPMC mobile app." Self-locking bathrooms The communications, which come just weeks after a tragic shooting at another Park Avenue office tower, suggest the bank plans to lean on tech to bolster building security. One example: primary bathrooms on each floor will have emergency locks that, when activated, alert building security, according to the portal. Under its emergency information, the bank says "primary bathrooms on each floor are equipped with an emergency lock that, when used, will alert building security. Security will assess the situation and respond, as appropriate." Coffee on demand The internal portal reveals just how much coffee is part of the JPM work culture. In addition to having four cafes in the building and "work cafes" on every floor, break rooms will have coffee machines "powered by QR codes" — symbols that open up apps or webpages when viewed through one's phone camera. Circadian rhythm lighting Being in an office building all day can take its toll on the body and the mind. The communications reviewed by Business Insider show that JPMorgan will use tech to try and make the office experience more natural. In addition to windows that will allow 30% more daylight than a typical office building, the bank said the tower will have "circadian lighting and design elements" that incorporate nature and "help reduce sensory overload."
Cision Canada
25-06-2025
- Business
- Cision Canada
AtkinsRéalis Announces Agreement to Repurchase 7,000,000 of its Shares Held by La Caisse Français
MONTREAL, June 25, 2025 /CNW/ - AtkinsRéalis Group Inc. (TSX: ATRL), a world-class engineering services and nuclear company with offices around the world, today announced that it has entered into a private agreement with Caisse de dépôt et placement du Québec ("La Caisse") for the repurchase for cancellation of 7,000,000 common shares of AtkinsRéalis held by La Caisse at a price of $90.87 per share, for a total consideration of approximately $636 million. The repurchase price represents a discount of 3% to the closing price of the shares on the Toronto Stock Exchange ("TSX") on June 25, 2025 and will be paid using cash on hand. The repurchase will be made in connection with the periodic portfolio rebalancing of La Caisse. Once the repurchase is completed, La Caisse will hold approximately 27.4 million common shares, representing approximately 16.5% of AtkinsRéalis total common shares outstanding. "This transaction with La Caisse, a leading shareholder of AtkinsRéalis, is consistent with our capital allocation framework outlined at our 2024 Investor Day and represents an opportunity to create shareholder value. Our strong balance sheet following the recent sale of our interest in Highway 407 ETR allows us to be well positioned to take advantage of opportunities like this. We will also continue to pursue our global growth strategy from our head office, which has a dedicated strong management team based in Montreal," said Ian L. Edwards, President and CEO of AtkinsRéalis. "La Caisse has been a key partner of AtkinsRéalis for nearly three decades, during which time our investment has significantly contributed to the company's growth and success," said Kim Thomassin, Executive Vice-President and Head of Québec at La Caisse. "We are now monetizing part of our investment while remaining the company's shareholder of reference, reflecting our continued confidence in its prospects." A favourable decision was obtained from the Autorité des marchés financiers to exempt AtkinsRéalis from issuer bid requirements under applicable securities legislation applicable to the transaction, which will be made at a discount in accordance with the decision. Information regarding the share repurchase, including the number of common shares repurchased and the aggregate repurchase price paid, will be available on SEDAR+ at following the completion thereof. AtkinsRéalis will not issue any additional press release announcing the completion of this share repurchase. Following the share repurchase, the Company will cease to repurchase its common shares from La Caisse in accordance with an exemption granted by the TSX in March 2025 in connection with its normal course issuer bid that commenced on March 17, 2025, which allowed La Caisse to maintain its proportionate shareholding percentage of the issued and outstanding common shares. About AtkinsRéalis Created by the integration of long-standing organizations dating back to 1911, AtkinsRéalis is a world-class engineering services and nuclear company dedicated to engineering a better future for our planet and its people. We create sustainable solutions that connect people, data and technology to transform the world's infrastructure and energy systems. We deploy global capabilities locally to our clients and deliver unique end-to-end services across the whole life cycle of an asset including consulting, advisory & environmental services, intelligent networks & cybersecurity, design & engineering, procurement, project & construction management, operations & maintenance, decommissioning and capital. The breadth and depth of our capabilities are delivered to clients in strategic sectors such as Engineering Services, Nuclear and Capital. News and information are available at or follow us on LinkedIn. Forward-Looking Statements References in this press release to the "Company", "AtkinsRéalis", "we", us" and "our" mean, as the context may require, AtkinsRéalis Group Inc. or all or some of its subsidiaries or joint arrangements or associates. Statements made in this press release that describe the Company's expectations or strategies constitute "forward-looking statements", which can be identified by the use of the conditional or forward-looking terminology such as "estimates", "expects", "forecasts", "intends", "may", "objective", "plans", "projects", "should", "will", "likely", or other variations thereon. Forward-looking statements also include any other statements that do not refer to historical facts. The Company cautions that, by their nature, forward-looking statements involve risks and uncertainties, and that future outcomes could differ materially from those expressed or implied in such forward-looking statements. Forward-looking statements are presented for the purpose of assisting investors and others in understanding certain key elements of the Company's current objectives, strategic priorities, expectations and plans, and in obtaining a better understanding of the Company's business and anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes. The forward-looking statements herein reflect the Company's expectations as at the date of this press release and are subject to change after this date. The Company does not undertake to update publicly or to revise any such forward-looking statements whether as a result of new information, future events or otherwise, unless required by applicable legislation or regulation. The forward-looking information and statements contained herein are expressly qualified in their entirety by this cautionary statement.
