Citigroup Is Sticking With a Hybrid Work Schedule. Here’s Why It Gives the Bank a Competitive Advantage, According to Its CEO.

Citigroup isn’t following fellow Wall Street banks like JPMorgan and implementing a strict return-to-office policy. According to recent reports, Citigroup has decided to stick with its hybrid schedule which allows staff up to two days per week of remote work.

Citigroup CEO Jane Fraser told managing directors on a quarterly call in mid-January that the bank will continue to have a hybrid work schedule, The Financial Times reported on Tuesday. Per the report, Fraser said that Citigroup’s hybrid work policy gives it a competitive advantage by allowing it to recruit talented staff.

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