Citigroup Maintains Hybrid Work Policy, Defying Wall Street's RTO Shift

CEO Jane Fraser positions flexible work as a recruitment advantage while competitors enforce stricter office mandates.

Citigroup CEO Jane Fraser has reaffirmed the bank's hybrid work policy, allowing most employees to work remotely up to two days a week.
The decision contrasts with major Wall Street firms like JPMorgan and Goldman Sachs, which are mandating full-time in-office attendance.
Fraser emphasized that the flexible approach provides a competitive edge in attracting talent dissatisfied with stricter return-to-office policies elsewhere.
Citigroup has invested in office amenities to encourage in-person attendance while monitoring compliance with its three-day minimum office requirement.
The broader trend toward stricter office mandates spans industries, including tech and government, with figures like Elon Musk and the Trump administration advocating full-time office returns.