HSBC Introduces ‘Zoom-free Fridays’ To Help Combat Fatigue

Share post:

Online banking organization HSBC plans to implement Zoom-free Fridays for some of its staff to tackle pandemic fatigue, following similar moves by other leading banks.

Companies have been forced to look more closely at working practices during the pandemic where most people have been working from home due to lockdown restrictions.

Citigroup’s new CEO Jane Fraser has similarly introduced Zoom-free Fridays and set a company-wide holiday at the end of May to give employees a much-needed reset.

HSBC has also taken steps to ease the load on its junior investment bankers after a busy year by hiring more junior workers to lessen the workload while increasing the pay of its current staff.

HSBC’s move comes as it plans to reduce office space by 40%, with a more permanent shift to remote work.

For more information, read the original story on CityAM.



Related articles

IT Professionals See Massive Leap In Digital Transformation And Stress

88% of IT professionals agree that the demand of the technology profession has changed in the last four years.

25 Fully Virtual Companies Without Physical Headquarters has published a list of 25 virtual companies without a physical headquarters. These companies include Aha! (51-100 employees)...

Workers at Amazon Air Freight Hub Protest Pay and Working Conditions

Workers at an Amazon air freight hub in California staged a walkout on Monday demanding better pay and...

56% Of U.S. Employees Use Personal File Sharing System for Work

According to the OpenText report, 56% of U.S. employees use personal file sharing tools for work-related file sharing...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways