Citigroup has confirmed its commitment to a hybrid working model for its global workforce, allowing employees to work up to two days remotely each week. This policy distinguishes Citigroup from competitors like JPMorgan Chase and Barclays, which have mandated full or increased in-office attendance. Jane Fraser, the CEO of Citigroup, indicated that this flexibility is aimed at enhancing recruitment and work-life balance. Despite the hybrid approach, Citigroup is closely monitoring attendance, requiring staff to be on-site at least three days a week. The bank is also investing in its office space, with a significant renovation planned for its Canary Wharf headquarters.
Citigroup's commitment to hybrid working is intended to attract talent and promote a healthy work-life balance, despite contrasting policies from competitors in the finance sector.
Citi staff may work up to two days a week remotely, contrasting sharply with rivals like JPMorgan Chase and Barclays who have mandated more in-office days.
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