According to TOI, German multinational investment bank and financial services company, Deutsche Bank AG is revising its flexible work-from-home policy.
The bank is aiming to balance office attendance throughout the week.
Moreover, as per the latest policy revision, the Managing Directors at Deutsche Bank AG will now be required to work in the office for four days each week, while all other staff members must come into the office for a minimum of three days.
“The bank remains committed to our hybrid working model, which has been received extremely positively by staff,” a spokesman said.
“Its new guidelines will ensure consistency across the bank and strengthen senior leadership presence in the office, which remains the primary place of work”, the spokesman added.
The company has also banned staff from working from their homes on Friday followed by Monday.
Other Tech companies have also ended Work From Home and started calling their employees to Work From Office. The Tech companies in India, including Wipro, TCS, HCLTech, and Infosys have already ended work from home.
Tata Consultancy Services asked employees to work from the office 5 days a week, however, currently 65% of employees work from the office 3-5 days a week.
Recently, IBM employees who are working remotely in the military service or with medical issues, and don’t live close enough to commute to work have been asked to relocate to an area closest to a company office in the US by August 1, 2024.
Infosys said it won’t force employees to Return to Office but the company has implemented a roster system to ensure adequate seating capacity.
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