I work for a very large financial institution and can confirm, this is being rolled out all across the organization. Employees who were hired as remote will be required to work on site a minimum of 3 days a week.
They have been downsizing the real estate footprint since the pandemic by not extending contracts for leased buildings and shutting down branches left and right. They are currently saying if you’re within X miles from a “Hub” you will need to commute in. Those not in the hub will not need to.
However—- as time marches on, those NOT within a hub location will have one hell of a time getting a new job within the organization as priority will go to those in the Hub.
The writing is on the wall. There is no way this is about productivity and collaboration.
I work for a very large financial institution and can confirm, this is being rolled out all across the organization. Employees who were hired as remote will be required to work on site a minimum of 3 days a week.
They have been downsizing the real estate footprint since the pandemic by not extending contracts for leased buildings and shutting down branches left and right. They are currently saying if you’re within X miles from a “Hub” you will need to commute in. Those not in the hub will not need to.
However—- as time marches on, those NOT within a hub location will have one hell of a time getting a new job within the organization as priority will go to those in the Hub.
The writing is on the wall. There is no way this is about productivity and collaboration.