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Where the financial services industry goes with remote work, so does the rest of the economy. While top banking executives were among the first to decry persistent remote work, these days, even technology giants that once promised long-term flexibility have become stricter with their policies — though few have returned to full five-day office schedules.
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“Employers are going to be more rigid,” said Kathryn Wylde, chief executive officer of the nonprofit Partnership for New York City, which has many Wall Street leaders on its executive committee. “It’s sending the message that people are paying attention and the bosses are paying attention and will judge your performance at least based in part on your office attendance.”
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