JPMorgan Chase is asking its managing directors to be in the office five days a week and warned other employees not to fall short of their “in-office attendance expectations”.
The move by the biggest US bank applies to its global workforce of roughly 294,000 employees and underscores how Wall Street is working to pull staff back to the office, having tolerated more flexible working following the Covid-19 pandemic.
Other banks like Goldman Sachs have also been trying to get staff to return to the office five days a week.
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