Citi Breaks With Rivals on Whether Work From Home Is Permanent

May 29, 2020, 3:52 PM UTC

Citigroup Inc. plans to bring its workers back to the office when the Covid-19 pandemic ends, breaking with a raft of competitors planning to make remote operations permanent for many staff.

“Our goal is to get our employees back,” Chief Executive Officer Mike Corbat said Friday at a virtual investor conference.

Michael Corbat
Photographer: Andrew Harrer/Bloomberg

Working remotely has definite advantages, Corbat said, including giving him the ability to meet with clients and employees from around the world all in the same week. But he said the firm doesn’t plan to leave employees at home permanently.

The pandemic has forced companies to send thousands ...

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