Fortune
BY MATTHEW BOYLE AND BLOOMBERG
February 16, 2024 at 1:14 PM EST
Deutsche Bank AG’s decision to ban staff from working at home Friday and the following Monday — a common practice at firms that come to the office three days a week — has drawn a new line in the sand in the ongoing tussle between bosses and workers.
The German banking giant said the move was designed to “spread our presence more evenly across the week,” Deutsche Bank Chief Executive Officer Christian Sewing and Chief Operating Officer Rebecca Short said in a memo. The company will also require its managing directors to come in at least four days a week as of June, while all other staff need to be in three days. The mandate “will ensure consistency across the bank,” a spokesman for the bank said.