Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Citigroup bucks ‘return to office’ trend by committing to hybrid working

by February 5, 2025
February 5, 2025
Citigroup bucks ‘return to office’ trend by committing to hybrid working

Citigroup has confirmed it will press ahead with hybrid working for most of its global workforce, bucking a growing shift among Wall Street rivals towards five days a week in the office.

The US banking giant’s chief executive, Jane Fraser, recently assured managing directors that Citi staff may continue working up to two days a week remotely.

The decision contrasts sharply with other major institutions such as JPMorgan Chase, which last month ordered employees to return to full-time office attendance. Barclays has also followed suit, stipulating three days a week at its London headquarters, up from two.

Despite Citi’s flexible stance, the bank is stepping up scrutiny of staff attendance, using security pass data to ensure they come in at least three days a week. It employs 229,000 people globally, including 14,000 in the UK. Citigroup’s long-term commitment to office space is underscored by a £1bn renovation of its Canary Wharf skyscraper, due for completion in 2026.

The hybrid model stands in stark contrast not only to many peers in finance but also to sectors beyond banking. The Trump administration recently offered redundancy packages to a large share of US government workers refusing a full-time office return, while Amazon chief executive Andy Jassy has insisted on five days in the office for his workforce since January.

Jane Fraser says the hybrid policy gives Citi an edge in recruiting talent and supporting a healthy work-life balance, though critics argue in-office proximity fosters better collaboration and mentorship. Citigroup declined to comment beyond Fraser’s earlier statements.

Read more:
Citigroup bucks ‘return to office’ trend by committing to hybrid working

0
FacebookTwitterGoogle +Pinterest
previous post
Google reverses pledge against AI-driven weapons to champion ‘free world’ security
next post
US Postal Service halts china parcels following new Trump trade measures

You may also like

How your credit score impacts your car insurance...

February 17, 2023

The Impact of Technology on Supply Chain Management:...

October 28, 2024

BYD overtakes Tesla as world’s top electric vehicle...

January 2, 2024

£100m Super League Golf Revolution: Billionaire Founder Taps...

July 2, 2025

Investors Withdraw $10 Billion from ‘Ethical’ Funds Amid...

February 16, 2024

Strategies for the Tech-Driven Workplace: Digital Coaching and...

November 28, 2023

How entrepreneurs can improve customer communication

February 8, 2024

Late Payment Crisis still plagues UK SMEs with...

July 12, 2023

England loses eight bank branches a week since...

July 10, 2025

Code First Girls Teaches Tech Skills to Over...

June 20, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Inside Biden confidante Steve Ricchetti’s ‘combative’ eight-hour grilling in House Oversight cover-up probe

      July 31, 2025
    • Bernie Sanders to force Senate vote on blocking arms sales to Israel

      July 30, 2025
    • New tech-focused MAHA initiatives will usher in ‘new era of convenience,’ improve health outcomes, Trump says

      July 30, 2025
    • Former Intel CEO Calls for a US Sovereign Wealth Fund

      July 30, 2025
    • A Response to Misinformation Criticism

      July 30, 2025
    • The Future of Enterprise Connectivity: How 5G is Transforming Business Broadband in 2025

      July 30, 2025

    Categories

    • Business (8,623)
    • Investing (2,162)
    • Politics (16,253)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved