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HSBC Asks Managing Directors to Work In Office Four Days a Week
HSBC Asks Managing Directors to Work In Office Four Days a Week

Bloomberg

timea day ago

  • Business
  • Bloomberg

HSBC Asks Managing Directors to Work In Office Four Days a Week

HSBC Holdings Plc is asking all managing directors to work in the office for at least four days a week starting in October, as the UK bank joins other financial firms pushing more staff back to the office. The London-based bank told senior managers 'to set the tone from the top' as 'in-person interactions are essential to how we lead and deliver for our customers,' according to a memo seen by Bloomberg News. A spokesperson for the bank confirmed its contents.

Verizon to Move NYC Headquarters to Manhattan's Penn 2 Tower
Verizon to Move NYC Headquarters to Manhattan's Penn 2 Tower

Bloomberg

timea day ago

  • Business
  • Bloomberg

Verizon to Move NYC Headquarters to Manhattan's Penn 2 Tower

Verizon Communications Inc. will open a new Manhattan headquarters at Vornado Realty Trust 's Penn 2, a redeveloped office tower near Penn Station. Verizon, which currently has its headquarters at 1095 Avenue of the Americas, signed a long-term lease to take more than 195,000 square feet (18,100 square meters) of space spanning multiple floors at Penn 2, according to a statement Monday. About 1,000 employees will work out of the new space starting next year.

Verizon Hikes In-Office Requirement, Leases Larger NYC Office
Verizon Hikes In-Office Requirement, Leases Larger NYC Office

Wall Street Journal

timea day ago

  • Business
  • Wall Street Journal

Verizon Hikes In-Office Requirement, Leases Larger NYC Office

Telecommunications giant Verizon Communications is moving its headquarters to a larger office space in Manhattan as it ramps up in-office requirements for most of its management employees. Verizon has leased 200,000 square feet in a recently renovated office tower near Manhattan's Penn Station, according to people familiar with the matter. Verizon plans to consolidate next year over 1,000 employees currently working in two other Manhattan locations.

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