JPMorgan Chase informed its 300,000 employees on Friday that it is implementing a strict return-to-office policy and almost all workers are required to work in the office five days a week beginning in March, according to an internal memo seen by Barron’s. “We feel that now is the right time to solidify our full-time in-office … Read more
While Amazon is delaying its January 2 return-to-office (RTO) mandate for thousands of employees because of a lack of office space, two other companies are following the tech giant’s lead and implementing strict back-to-the-office mandates. AT&T and Sweetgreen are telling non-frontline staff to come into the office more often in the new year, per Bloomberg. … Read more
Allstate cut annual spending on corporate offices by more than half in four years, going from $382 million in 2020 to $138 million this year, per Bloomberg — a $244 million reduction. Though Allstate has also reduced its real estate footprint from 12 million square feet to 4 million, the insurance giant says it’s metaphorically … Read more
Amazon CEO Andy Jassy made a case — and a mandate — for in-office work on Monday. In a publicly available message, Jassy said that Amazon’s 1.5 million-plus employees must return to the office five days per week starting January 2. Amazon is also bringing back desk assignments to the offices that had that structure … Read more
