Standard Life Tells Staff to Work from Home for Rest of 2020
- Most of the firm’s 4,900 U.K. employees won’t return this year
- Other asset managers have also said they’re in no hurry back
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Standard Life Aberdeen Plc told most of its U.K. staff to work from home for the rest of the year as other asset managers mull how the pandemic has reshaped the future use of their offices.
The firm told its 4,900 U.K. employees that the majority shouldn’t expect to come into the office in 2020, according to a June 2 internal memo seen by Bloomberg. Janus Henderson Group Plc workers and BNP Paribas Asset Management’s London staff will also continue to work from home for the foreseeable future, while Baillie Gifford is planning a phased return of employees in coming months, according to representatives of the firms.