Take Aways:
- Citadel CEO Ken Griffin attributes the hedge fund's record $16 billion profits in 2022 to employees returning to the office full-time.
- Other financial industry leaders, such as Morgan Stanley CEO James Gorman and Rich Handler of Jefferies, have also expressed support for a return to in-person work.
- However, research suggests that working from home can be just as productive as working in an office and may even lead to increased employee loyalty and productivity.
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"not an employee choice," and Rich Handler, CEO of investment bank Jefferies, has stated that "if you want a career, engage with the rest of us in the office."
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The recent report of Citadel's record $16 billion profits for clients last year has reignited the debate on whether employees should return to the office full-time.