The pandemic has completely transformed people’s working lives. Employees across industries have gotten used to remote work, and they want to hold onto it, fighting back against efforts to bring them back into the office, with experts warning that if companies don’t welcome remote work, they risk losing talent.
Some companies have fully embraced remote work, going so far as to let go of their office spaces. But many others, including Disney, NewsCorp, and Starbucks have recently put their foot down and demanded that workers come back into the office. Now, the CEO of Morgan Stanley is sharing his own thoughts as well, making clear that working remotely is “not an employee choice.”
“They don’t get to choose their compensation, they don’t get to choose their promotion, they don't get to choose to stay home five days a week,” said James Gorman, CEO of Morgan Stanley, in an interview with Bloomberg Thursday in Davos. “I want them with other employees at least three or four days.”
