Remote and Hybrid Work

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Standard Chartered CEO says this is the reason he won't make staff return to the office
Business Insiderยท 2025-08-01 04:30
Group 1: Company Perspectives on Work Models - Standard Chartered's CEO Bill Winters emphasizes a flexible approach to office work, allowing staff to decide their return based on team management needs [1][2] - Winters practices hybrid working, aiming to be in the office four days a week, indicating a personal commitment to this model [1] - Citi's hybrid work model is highlighted as a strategy to attract and retain talent, with a requirement for employees to be in the office at least three days a week [3] Group 2: Contrasting Views from Other Banks - Goldman Sachs CEO David Solomon and JPMorgan CEO Jamie Dimon express strong opposition to remote work, advocating for in-office presence to enhance functionality [3][4] - Solomon describes the current remote work situation as an aberration that needs correction, emphasizing the importance of in-person training for new employees [8][10] - Dimon criticizes remote work for hindering innovation and efficiency, stating that JPMorgan is asking most hybrid employees to return to the office five days a week [9]