Finance

Deutsche Bank Agrees Tighter Office Work Rules Despite Backlash

  • German staff will need to be in office three days a week
  • Policy change drew angry staff responses earlier this year
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Deutsche Bank AG has agreed new work-from-home rules with labor representatives, implementing a policy change that elicited angry responses from staff earlier this year.

The deal will extend tighter office attendance requirements to Deutsche Bank’s employees in Germany, calling them into the office at least three days a week. However, the agreement, which will apply globally, is also set to insert some flexibility into the previous announcement, for example by introducing a transition period and giving employees an annual choice of working from home for two consecutive weeks, people familiar with the matter said.