Revolut continues with hybrid working, despite move to new global HQ

Revolut will continue with a hybrid working policy, despite staff imminently moving into new multi-million-pound London headquarters and in contrast to some well-known companies which are ordering staff back to the office.

Revolut co-founder and CEO Nik Storonsky today said:

"We’re keeping our hybrid working policy across our core markets. Some people work better from home, and some work better in the office alongside their colleagues."

Posting on LinkedIn, Storonsky said he had made an announcement to staff telling them about the policy moving forward, which comes amid some firms ordering staff back into the office full-time.

He added:

“Our new global HQ in London will be the ideal setting for those who excel in a modern office environment. This office, as well as many of our other workplaces, will continue to play a crucial role in our growth.”

Revolut is moving into a new multi-million-pound global HQ in London’s Canary Wharf in May this year. Its office footprint in London is set to increase by more than 40 per cent to 113,000 square feet, taking up four floors of the new building.

Remote working became commonplace during the pandemic, but several big-name firms are ordering staff back to the office full-time. Companies calling staff back to the office include the banks JP Morgan Chase and Barclays, the advertising group WPP and the tech group Amazon. 

In January, JPMorgan Chase, which employs thousands in the UK, announced that all workers on hybrid schedules would be required to return to the office five days a week from March. It made the decision after several years of evaluating the benefits and challenges of remote and hybrid working. Citigroup, however, said that most staff would be able to work remotely two days a week.