American Express Chairman and Chief Executive Officer Stephen J. Squeri has said that he doesn’t see all of the company’s employees making a return to the office.

Stephen Squeri / American Express

“I don’t think the work environment as we left it, will be the work environment we come back to,” the CEO reportedly stated at Citi’s Global Property CEO Conference yesterday.

Instead, the US card company’s CEO noted that American Express may consider taking advantage of the larger talent pool available in cities in which the company doesn’t have offices in recruitment drives moving forward.

Last January, the New York-based company extended its work from home policy to this coming September, and the CEO went on to hint that it may be extended further until the end of the year.

Mr Squeri is the latest CEO to weigh in on the work from home debate, with industry leaders across the globe butting heads about whether they will continue to adopt remote working policies beyond the pandemic.

Related

Arkadia

‘Truly excited to dive headfirst into this role’: Dave Shaw named General Manager at Arkadia

28 March 2024
by Fabrizio Tabone

He previously worked as Associate Director – Infrastructure – Markets at KPMG Malta for more than five years.

MEA President calls for economic objectives to be designed in tandem with well-being indicators

28 March 2024
by Fabrizio Tabone

Joanne Bondin was speaking during the association’s 59th AGM, focusing on the need for an economic transformation that moves people ...

CEO Arnaud Denis says 2023 was a year of ‘consolidation and delivery’ for MeDirect

28 March 2024
by Fabrizio Tabone

Over the year, it recorded increases in profitability, driven by a rise in loans and advances to financial institutions and ...

‘There is no finish line when battling financial crime’ – BOV CEO Kenneth Farrugia

27 March 2024
by Robert Fenech

Malta has been criticised for its slow implementation of anti-currption recommendations made five years ago.

Close Bitnami banner
Bitnami