[stripe]

Do you know the reasons why management is moving away from working remotely?

In an effort to attract and keep more talent the company for which I work allows working remotely more and more. Without that option the turn over rate for engineers would have doubled in the last year.

[quaffapint]

The reason they went remote was to save money on real estate. They could sell buildings and get rid of leases.

The specific reasons they no longer want to go remote has not been shared with us other than the usual 'we want more teamwork'.

It's a shame. I tried to apply to other internal jobs, but they won't allow me to work remotely because of the new policy. So now they've severely limited their candidate pool and may have to look outside the bank and incur the costs that brings.