Citi CEO Jane Fraser is doubling down on work from home at a time when more companies — from Wall Street to Silicon Valley — are demanding employees return to the office five days a week.
Citigroup on Monday announced two weeks of fully remote work in August for its hybrid employees, the majority of whom are required to be in the office at least three days a week.
In a memo to employees on Monday, Citi’s chief human resources officer, Sara Wechter, said the perk was a testament to the success of the bank’s hybrid approach.
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