Citigroup is allowing its hybrid employees to work remotely for two weeks in August, a move that differentiates them from Wall Street counterparts like JPMorgan and Goldman Sachs, which have tightened office attendance. CEO Jane Fraser emphasizes this approach as a strategic advantage for attracting top talent. The bank has seen benefits from its hybrid model, implementing similar two-week remote work options annually since 2022. However, not all employees qualify, particularly those in jobs that require on-site presence due to regulatory needs or branch responsibilities.
Citi's hybrid work model helps us attract and retain top talent and sets us apart from other companies in our industry - and we remain committed to this model.
Citi's two-week remote work in August contrasts sharply with Wall Street firms like JPMorgan and Goldman Sachs, which require employees to return to the office.
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