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Bank of America Issues Warning Letters to Employees Over Office Attendance

The bank's return-to-office policy, requiring most employees to be in the office at least three days a week, is largely enforced in its US branches.

  • Bank of America has been issuing 'letters of education' to employees who have not been adhering to its return-to-office policy, warning of potential disciplinary action.
  • The bank has required the majority of its employees to be in the office at least three days a week since October 2022.
  • Bank of America's push to get employees back in the office is largely targeted at its US branches.
  • Other major financial institutions, including JPMorgan and Goldman Sachs, have also implemented strict return-to-office policies.
  • Despite the push for office attendance, surveys suggest that hybrid work policies are likely to remain in place, with only a small fraction of CEOs planning to prioritize full-time office work in 2024.
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