INSIGHT · US
NY Fed study: half of in-office workers describe jobs as remote despite physical presence
NY Federal Reserve research found that 50% of employees working in physical offices describe their roles as remote, attributing the disconnect to failed company efforts to enable collaboration. Signals broader hybrid-work fatigue.
WHY IT MATTERS · EDITORIAL ANALYSIS
Highlights organizational dysfunction in post-pandemic BFSI ops; may explain talent retention challenges and uneven AI adoption across distributed teams—especially relevant for large banks with hybrid-first cultures.
Source: CNBC · 2026-11-02