NJ Transit engineers strike causes commuter chaos, leading to work from home flexibility for NYC bankers.

From Yahoo Finance: 2025-05-18 14:51:00

A strike by New Jersey Transit engineers is causing chaos for commuters traveling to Manhattan, leading to jammed buses, surge pricing on Uber, and suspended service to MetLife Stadium for a Shakira concert. Major financial firms are allowing employees to work from home or local offices to avoid the transit turmoil. JPMorgan Chase CEO Jamie Dimon is pushing for in-person work, but strike disruptions are forcing employees to find alternative commute plans. Credit markets are adjusting as banks advise staff in New Jersey to work from home if possible. Workers are divided on the strike – some are relieved to avoid commuting, while others worry about productivity and collaboration while working remotely.

Read more: NYC Bankers Who Live in NJ Game Out Commute as Rail Strike Upends RTO Plans