Latest news with #return to office
Reuters
5 days ago
- Business
- Reuters
TD Bank calls staff back to office four days a week starting this fall, memo says
July 23 (Reuters) - TD Bank ( opens new tab has asked employees to work from office four days a week starting this fall, according to a memo seen by Reuters on Wednesday. Executive-level staff at the bank will be required to work from the office at least four days a week starting October 6, while non-executive employees are expected to follow suit by November 3, said the memo from TD Bank Group's Chief Human Resources Officer Melanie Burns. "Many locations will be ready to accommodate this change by November 3," Burns said in the memo. After several years of supporting flexible work models following the COVID-19 pandemic, many companies are now encouraging employees to return to the office, arguing improved in-person collaboration as a key benefit. In recent months, peers such as the Bank of Montreal ( opens new tab and the Royal Bank of Canada ( opens new tab have made similar steps.
Wall Street Journal
14-07-2025
- Business
- Wall Street Journal
In America's Return to the Office, Women Are Falling Behind
America's return to the office is unfolding unevenly for men and women. Five years ago, Covid-19 ushered in an era of widespread remote work. Since then, many workers have headed back to their cubicles—but surveys show more men have returned than women.
Daily Mail
11-07-2025
- Business
- Daily Mail
Vogue publisher Conde Nast accused of playing VERY sneaky trick to get rid of staff
Staffers at Vogue and Vanity Fair publisher Condé Nast have been told to return to the office on a near-full-time basis within the next week - or hand in their resignations. The ultimatum was delivered at an array of hastily arranged meetings this week at the publisher's New York City offices at One World Trade Center, Status reported. The move was seen as veiled attempt to force out staffers who refuse to comply with the company's new four-days-a-week-in-office policy. Statues described the edicts 'a quiet, but effective cost-cutting mechanism increasingly relied on by media executives [for] forcing employees out while avoiding severance payments and formal layoff notices that draw headlines.' Many employees working at Condé Nast, - whose publications include Bon Appétit, Allure, Self, and The New Yorker - have built their lives around remote work arrangements, the outlet noted. '[T]he mandates can effectively serve as a soft layoff, shrinking headcount while avoiding the label,' the report said. Penske Media Corporation - the parent company of publications Variety, The Hollywood Reporter, and Rolling Stone - is also rolling out a similar policy, Status reported. In a June 27 internal memo obtained by Status, Penske Media announced it would 'eliminate all remote-only roles across PMC corporate by August 31, 2025,' Status reported. '[A]ll corporate remote positions will officially transition to 4-days-per-week in-office roles by Tuesday, September 2,' the memo said. Both companies framed their decisions as a 'cultural necessity' after five years of staffers working from wherever they pleased. Condé staffers hired with remote status during the pandemic were initially asked to return to their respective offices on March 3. In the four months since, staffers at The New Yorker, Vogue, and Vanity Fair have apparently failed to show. Responsibilities like child care and everyday housing duties that employees have become accustomed to have likely played a part, Status said. Status obtained internal correspondence from staffers at the company said to be 'furious with the aggressive approach.' Some are now demanding answers from management. A source close to the company told the Daily Mail that Condé Nast is actually 'spending more by having everyone back in the office.' 'It's not cost saving at all when factoring the real estate costs,' the person said, without elaborating. The union that represents Condé Nast employees, The NewsGuild of New York, confirmed to Status that the company had recently begun urging workers it considers out of compliance to either get with the program or work somewhere else. In March 2024, 35 members of the union stormed Condé execs' offices to protest layoffs proposed days after CEO Roger Lynch said he '[did] not have plans for any further reductions.' The move was seen as veiled attempt to force out staffers who refuse to comply with the company's new four-days-a-week-in-office policy The December before, the company launched a round of layoffs that affected more than 300 employees. In 2022, hundreds of Condé staff members unionized with The NewsGuild of New York due to tensions over contract talks for The New Yorker Union that led to a vote by employees to authorize a strike. A subsequent protest was held in front of the Greenwich Village townhouse of Anna Wintour, Condé Nast's global chief content officer. Wintour, 75, stepped down as Vogue's editor in chief last month, sending shockwaves through the industry. The Daily Mail has contacted both Conde and Penske for comment.
