JPMorgan Chase is summoning all staff back to the office, becoming the latest corporate giant to call time on era of remote and hybrid working sparked by the Covid-19 pandemic.
The US’s largest bank, which has some 316,000 employees worldwide, announced on Friday that all workers on hybrid work schedules will be required to return to the office five days a week from March.
Five years after Covid-19 emptied offices across much of the world almost overnight, prominent employers are now seeking to draw a line under a prolonged period of hybrid work and draw staff back to their desks full-time.
While leading Wall Street firms have led the charge, the debate over the merits and pitfalls on remote work – for employers, employees, customers and communities – continues across multiple industries.