Citi to Track UK Office Attendance to Identify Hybrid Holdouts
- Memo to UK staff sets out monitoring of building entries
- Wall Street is increasingly tightening its remote work rules
Photographer: Chris Ratcliffe/Bloomberg
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Citigroup Inc. told its UK workers it will begin monitoring office attendance data, the latest sign of Wall Street’s increasingly stringent approach to remote work.
Staff were told managers will be able to use the data to determine the effectiveness of its hybrid work policy, according to a memo seen by Bloomberg News. Consistent flouters face disciplinary action from bonus adjustments to termination.