Blackrock Directors Management Orders at Office Five Days a Week

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Blackrock orders senior executives to return to the office five days a week in the last sign that large financial services groups are strengthening their flexible work policies.

The world’s largest asset manager is to say staff, as on Thursday that his approximately 1,000 managing directors worldwide is expected to work from the full -time office, according to two people who know the plans. Blackrock refused to comment.

New York with headquarters Black He strengthened his rules on office assistance in 2023, demanding staff attending at least four days a week. But it is likely that the last play causes discomfort between some staff who have become accustomed to working from home one day a week, one of the people said.

The decision reflected the company’s desire to strengthen collaboration and to say that managers manage teams in a personalized way to better service customers, said the second person who knew the plan.

Blackrock’s CEO, Larry Fink, has previously expressed his concern for working from home to erode corporate culture, echoing the Wall Street rival heads, who want to see their teams again on the negotiation flats and their offices with customers.

The assets manager joins other major financial services in the United States as JpMorgan in reduction Flexible work The policies, with the North -American Bank, have already told its administrating counselors to return to the office for five days a week. Some big banks, including Goldman Sachs, also told staff to be in the office during the week.

Many companies have retained some flexible work agreements since the end of pandemic, but some of the largest in the world, including Amazon, have ordered staff to return to the office five days a week.

Blackrock has about 22,000 employees in more than 30 countries and 11.6 TN in management assets.