Bank of America is cracking down on employees who aren’t following its return-to-office mandate, sending “letters of education” warnings of disciplinary action to employees who have been staying home.
Some employees at the bank received letters that said they had failed to meet the company’s “workplace excellence guidelines” despite “requests and reminders to do so”, according to the Financial Times.
The letter warned employees that failure to follow return-to-office expectations could lead to “further disciplinary action”.
The bank is the latest company to signal to employees that going into the office is mandatory.
It’s a major shift nearly four years after the start of the Covid-19 pandemic, when nearly all office workers worked remotely five days a week.
Along with Bank of America and Citigroup, JPMorgan, Morgan Stanley and Barclays all have three-day office requirements.
“In 10 years, expect to see leading chief executives and entrepreneurs actively embracing hybrid work rather than begging employees to return to the office. »