Santander Plans Hybrid Return for Some of 17,000 U.S. Staff

Banco Santander SA is planning to allow some of its staff in the U.S. to work from home on a more permanent basis.

While roughly 50% of the firm’s 17,000 U.S. employees are classified as site-dependent, about 45% will be able to split their time between home and the office, Tim Wennes, who oversees the company’s U.S. arm as chief executive officer of Santander Bank N.A., said in an interview. The remaining 5% will be fully remote, he said.

Madrid-based Santander, which operates more than 600 branches in the U.S., has found it’s been harder to invite workers back ...