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Work from home is loved worldwide, even if Wall Street firms hate it

Workers say they're more productive at home, would quit their jobs or look elsewhere if they are forced back, and would take pay cuts to maintain the remote option, the study found

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Representational image (Photo: Bloomberg)

Katia Dmitrieva and Alex Tanzi | Bloomberg
As Wall Street firms order employees back to the office, the option of working from home remains more popular than ever all over the world, according to a new study.
 
More than two years into the pandemic, many companies have eased vaccination, testing and mask rules and reopened their offices full-time. Goldman Sachs Group Inc. and Jefferies Financial Group Inc. are among US financial giants leading an aggressive push back to in-person work in recent weeks.  

The problem is that workers don’t want to come back -- and that’s true across countries and industries, according to a research paper published Wednesday