Bankers fired for ‘simulating’ being at their keyboards June 14, 2024 Wall Street bank Wells Fargo has fired more than a dozen employees for allegedly faking being at their keyboards, as financial firms crack down on non-compliance among hybrid workers.
London’s thriving financial districts are a testament to reinvention April 4, 2024 Necessity is the mother of invention – or in this case, reinvention. Many a conversation in 2020 and 2021 revolved around the future of the Docklands hub, which seemed to be at risk from our brave new world of hybrid working. Walking round the Wharf today, though, and it’s obvious that what may once have [...]
Fleet Street store fronts down over a fifth post-pandemic October 15, 2023 Some 22 per cent of the shops on Fleet Street are now vacant, with the sector blaming sticky transport links and a slow return to office life for the drab state of the infamous London area.
The New Reason People Don’t Want To Come Back To The Office April 3, 2023 More than a third of UK workers would quit their current role if their employer demanded they return to the office full time. That’s according to recent data which found that 32% would move to a different industry, 19% would take a pay cut, and 30% would adopt a new career in order to continue [...]
Nearly half of Brits are exclusively back in the office May 23, 2022 Nearly half of Brits are now working exclusively in the office, as the work from home buzz seems to fade for many.
Banking giant warns of bonus cuts if staff work from home too often November 22, 2023 A banking giant has demanded slow to return staff get back to the office - and bonus packages will be cut if they work from home too often
JP Morgan’s top bankers told to work five days a week in the office April 12, 2023 JP Morgan has asked its senior bankers in all of its offices around the world to work from the office five days a week in another sign of executives’ growing frustration with homeworking. In a memo to staff seen by City A.M., JP Morgan’s operating committee said that its leaders play “a critical role in [...]
As Wework’s troubles continue, the company’s competitors are taking advantage March 5, 2024 Troubled Wework is continuing to scale back its offices in London following the filing of bankruptcy in its home market of the US.
Bank of America sends ‘letters of education’ demanding workers return to office January 24, 2024 Bank of America (BofA) has sent “letters of education” to employees threatening disciplinary action if they do not come into the office, joining its Wall Street peers in pushing back against remote work trends.
London ‘busier and busier’ as return to office gathers pace – but demand for flexible working remains May 24, 2023 Great Portland Estates, a leading landlord in office space said London has got “busier and busier,” but noted that it does not expect the the recovery of offices in the capital to be “uniform” as a demand for flexible working and best space remains. Throughout the year, the property firm recorded £55.5m of leasing, as [...]