Morgan Stanley returned to the office in February of 2022. In July of 2022, Morgan Stanley tightened restrictions on remote work by stating that sales people can no longer work more than 90 days per year from home (it’s unclear if the policy applies to employees outside of sales). Morgan Stanley CEO, James Gorman, has maintained his pro-office and anti-remote work stance since the beginning...
JPMorgan Chase attempted one of the earliest return-to-office dates of the Fortune 100 on September 21, 2020. After a breakout of COVID occurred, the company backed off the mandate. From the beginning of the COVID lockdowns until early 2022, CEO Jamie Dimon took a hard stance against remote work and for office work. Dimon stated, “We want people back to work. And everyone is going to be...
Amazon delayed its first return-to-office date in September of 2021 and set a second return-to-office date for January of 2022. On October 11 of 2021, however, Amazon CEO Andy Jassy cancelled a return-to-office date altogether. Instead, Amazon managers can decide what’s best for their team without a company-wide policy on office-first or remote-first work. As a result of the change in...
After five delayed return-to-office dates, Wells Fargo officially got back into the office on March 14, 2022 with the expectation for employees to come in three days per week. Of the major US banks, Wells Fargo is the one that is most open to remote work. A New York Times article from 2021 stated, “Wells Fargo is bucking a Wall Street trend by leaving the door open to remote work after the...
The data shows that people want to work from home. Pew researchers found (in a 2022 survey of 10,237 U.S. adults) that… 60% of workers with jobs that can be done from home say they’d like to work from home all or most of the time when the pandemic is over. Among those who have a workplace outside of their home, 61% now say they are choosing not to go into their workplace, while 38%...
Meta, parent company of Facebook, returned to the office on March 28, 2022 with the expectation for workers to show up to the office 50% of the time. In June of 2021, however, Facebook declared that workers at all levels across the company can request to work remotely full-time after the pandemic. Mark Zuckerberg, CEO of Meta, has also stated his desire to make their company the “most...
Bank of America returned to the office on June 1, 2022 with the expectation for all employees to show up full time (five days per week). Bank of America leadership has taken a pro-office stance with little flexibility for remote work. Managers have provided cupcakes, staff lunches, and more perks to entice employees back to the office (which allows us to assume the employee sentiment toward a...
Goldman Sachs returned to the office on February 1, 2022 with the expectation for all employees to show up full time (five days per week). However, on the RTO day only 5,000 of the 10,000 (50%) employees that work at New York City headquarters showed up. Goldman Sachs CEO, David Solomon, has a negative stance toward hybrid and remote work stating multiple times that remote work is “not...
For two years, everyone who worked a desk job did so remotely. Then, employers started to call people back to the office. It turns out a lot of people would rather quit their jobs than return to the office full time. This may have spurred on The Great Resignation as millions of workers started to question where they physically do their work for the first time. In this article, we’ve...
Microsoft returned to the office (RTO) on February 28, 2022 with a hybrid work policy that expected most employees to come into the office 50% of the time, but with flexibility (not mandatory). On April 4, 2022 Microsoft made 50% attendance at the office mandatory for all employees that don’t have an exception from their managers. Microsoft announced five return-to-office dates throughout...
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