Fidelity Investments on Wednesday told thousands of employees at its Boston headquarters and three other locations that they’ll need to come to the office five days a week starting in September, a significant shift from the financial services company’s current hybrid-work plan.
Today, most Fidelity employees are required to be in the office for
two full weeks out of every four, essentially 10 days a month. Fidelity started rotating people into the offices in 2022 for week-long stretches, once every four weeks, as it started to bring workers back from COVID-19 shutdowns. The company expanded the requirement to most employees the following year, and in 2024, ramped it up to two weeks out of four.
Fidelity’s latest decision comes as
most large office employers seem to have settled into a post-pandemic pattern of allowing a mix of in-office and at-home days — with a few exceptions, such as
Amazon and JPMorgan Chase, which are already back to full-time in the office. Boston’s other giant financial services firm,
State Street Corp., moved to four days a week in late 2023, an aggressive shift at the time, and continues to hold steady with that requirement. Many other major Boston employers have been sticking with three.