June 26 (Reuters) - Canada's Bank of Montreal ( BNKD )
is calling employees back to the office four days a week
starting September 15, it said on Thursday, following a similar
move by peer Royal Bank of Canada ( RY ).
The new directive will apply where office space permits,
Bank of Montreal ( BNKD ) said.
After years of embracing flexible work arrangements in the
wake of the COVID-19 pandemic, many companies are now pushing
for a return to the office, arguing it strengthens in-person
collaboration.
The financial industry has been more aggressive than the
rest. JPMorgan Chase ( JPM ), the largest U.S. bank, has started
requiring employees to return to the office five days a week.
Bank of Montreal ( BNKD ) had nearly 54,000 employees as of last
year.