October 18, 2021

The Queens County Citizen

Complete Canadian News World

No zoom Fridays in this company!

No zoom Fridays in this company!

To reduce the pandemic and fatigue associated with teleworking, the new owner of American bank Citigroup banned video conferencing on Friday, wanting to limit calls outside of normal hours and encouraging her employees to go on vacation.

Also read: Young Goldman Sachs employees call 80 hours a week

Jane Fraser, who arrived at the bank’s head office in early March, plans to make May 28 a public holiday for all employees of the group.

She said in an internal message on Tuesday that the measures were intended to address the urgent need to change professional practices while waiting for health conditions to stabilize.

“I know from your comments and from my own experience, the lines between private and professional lives have become blurred and working days have been relentless since the beginning of the epidemic, which is detrimental to our well-being.” It is not sustainable. “

She decided that any internal meeting on Friday would now have to be done only through audio.

Calls should also be limited to outside office hours or on weekends.

“We are a global company that actually operates in time zones, but when our work is spilled regularly at night, in the morning or on weekends, it can prevent the batteries from recharging and this is not good for you, not for the City,” she asserted.

Ms. Fraser, the first woman to be appointed director of one of the major Wall Street companies, encourages her employees to take vacations and takes a few days off in late March to set an example for herself.

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In the long run, when the epidemic subsides, the bank plans to offer new forms of work.

“Most employees in the world” are in hybrid mode and can work from home two days a week.

Bank branch employees are required to perform certain functions on-site, such as hiring or working in data centers.

Some stations can be fully operational by telecommuting.

The new hints were announced just days after the document was published on social networks by Goldman Sachs, a young recruiter, complaining about the endless schedule and high stress.

The Investment Bank has promised to expedite the recruitment of reinforcements and ensure that Saturday is a day of rest.

Most companies are generally thinking about how to manage themselves after a year of epidemic.

Microsoft announced on Monday that it was considering most of its long-term employees as hybrid-mode Citigroup.