Apr 18, 2021

HSBC top brass forced to hot desk as HQ scraps executive floor

HSBC chief executive Noel Quinn has abolished the entire executive floor of its Canary Wharf skyscraper in east London, as the bank becomes the latest to drive through sweeping changes to post-pandemic working practices. "If I'm asking our colleagues to change the way that they're working, then it's only right that we change the way we're working." We will have a very different working style going forward that will be much more hybrid, where colleagues can part work in the office, part at home. "We will have a very different working style going forward that will be much more hybrid, where colleagues can part work in the office, part at home," the CEO said. Lloyds is carrying out trials of hybrid working this spring after 77 per cent of employees "Expressed a desire" to continue working remotely.

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