BlackRock is ordering senior managers to return to the office five days a week in the latest sign that large financial services groups are tightening their flexible working policies.
The world’s largest asset manager is to tell staff as early as Thursday that its roughly 1,000 managing directors globally will be expected to work from the office full time, according to two people familiar with the plans. BlackRock declined to comment.
New York-based BlackRock tightened its rules on office attendance in 2023, requiring staff to attend at least four days a week. But the latest move is likely to cause upset among some staff who have become accustomed to working from home one day a week, one of the people said.
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