TD Bank Increases Office Requirement To 4 Days Per Week

TD Bank will require most employees to work in the office four days a week starting this fall, a shift from its previous hybrid policy.

The policy was outlined in a memo by TD Bank Group’s Chief Human Resources Officer Melanie Burns, who cited improved collaboration, learning, and culture as key benefits of in-person work.

“The bank has found working in person boosts collaboration, decision-making, learning, and outcomes,” Burns wrote. She also noted that “many locations will be ready to accommodate this change by November 3.”

Managers will retain some flexibility to approve additional remote days on a case-by-case basis.

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New RTO Plan Comes Two Months After Layoffs

Just two months prior to the new RTO mandate (May 24, 2025), TD Bank cut approximately 2% (2,000 workers) of its global workforce.

The bank has not explicitly linked the layoffs to its return-to-office plans, but many recent RTO policy changes have occurred in close proximity to layoffs.

How TD Compares To Canadian Companies & Large Banks

TD Bank is headquartered in Ontario, but the bank has 95,000 total employees spread across the US and Canada.

For Canadian banks, the most common RTO policy is four days per week:

• Toronto-Dominion Bank (TD): 4 days/week
• Royal Bank of Canada (RBC): 4 days/week
• Scotiabank: 4 days/week
• Bank of Montreal: 4 days/week
• Canadian Imperial Bank of Commerce: 5 days/week

For US banks, the most RTO policies typically range between three and five days per week:

• Citi: 3 days/week
• Wells Fargo: 3 days/week
• Morgan Stanley: 4 days/week
• JPMorgan Chase: 5 days/week
• Bank of America: 3 days/week
• Goldman Sachs: 5 days/week

View All Return To Office Plans For The Fortune 500

Every month, we update every Fortune 500 company’s return-to-office policy. You can view the data below.