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The boss of Disney told employees who work from home to return to the office four days a week starting in early March, according to reports.
CEO Bob Iger said hybrid workers will be required to treat “Monday through Thursday as personal work days,” according to an email seen by CNBC, which first reported the news.
“As I have been meeting with teams across the company over the past few months, I have been reminded of the tremendous value of being with the people you work with,” Egger wrote.
“As you have heard me say many times, creativity is the heart and soul of who we are and what we do at Disney. And in a creative business like ours, nothing can replace the ability to connect, observe, and create with peers that comes from being physically together, nor the opportunity to grow professionally through Learning from leaders and mentors.
The move comes after Iger — who ran Disney as CEO for 15 years and retired as chairman in 2021 — came out of retirement to serve as CEO for two years. He took over the leadership from Bob Chapel in November in a surprise comeback to boost investor confidence and earnings in Disney’s streaming media division.
During the COVID-19 pandemic, workers have been forced to work from home, and now many are splitting their time between desk and desk in a “hybrid” model. Disney is one of a number of companies cracking down on flexible working. US companies Snap, Tesla and Goldman Sachs have asked their employees to return to the office, while many others have stuck to hybrid work.
Apple in September required employees to return to the office three days a week, while Twitter owner Elon Musk ordered nearly all employees to return five days a week in November.
Citi and HSBC are among the banks that have promised to make the hybrid business permanent, but the dealmakers still face pressure to be in the office.
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Most managers believe that flexible working helps productivity, although long working hours are still essential for career advancement, as a UK study showed.
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