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Stricter Office Attendance Rules at Truist Could Lead to Layoffs, HR Experts Warn

Allwork

According to HRDive, the bank is planning to undergo cost-saving measures, setting a goal to save $750 million by 2025. The stricter attendance rules at Truist could impact employee retention rates and could potentially lead to layoffs for those who choose not to comply with the new requirements.

2025 264
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Canada Commits $1.1 Billion to Repurpose Vacant Federal Properties

Allwork

More employees in Canada are now working remotely or are in hybrid work environments, which translate to less demand for traditional office environments. By repurposing surplus federal properties, the government’s goal is to not only address a housing shortage but also align broader urban development and affordability strategies.

2025 264
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Technology is Crucial for Hybrid Work, Yet Many Employers Lag Behind

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With 55% of office-based employees now working in a hybrid way, companies must increase technology adoption to meet workforce preferences and business goals. . By 2025, 78% of companies plan to incorporate the majority of technologies considered essential into their hybrid work strategies. . But more needs to be done. .

2025 299
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3 Steps To Build A Three-Dimensional Hybrid Workplace

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“We are having another accelerated period of convergence of technology evolution right now that will certainly continue and may continue through this entire decade, but definitely through 2025,” said Miscovich.

2025 356
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Fidelity International Acquires Prime London Property from WeWork

Allwork

The property is reported to undergo extensive renovations starting in early 2024 — with completion expected in 2025. The acquisition, sold at approximately £48 million — a 31% discount from the initial asking price — reflects a strategic move towards sustainable and flexible workspaces for the firm.

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From Pledge to Courtroom: The Battle Over Corporate Diversity Efforts Heats Up

Allwork

One example is America First Legal suing Nordstrom for its goal to increase Black and Latino representation in managerial roles by 50% by 2025, alleging that the aim is discriminatory — according to CBS News. Why it matters: These legal challenges lay important precedent regarding the foundation of DEI initiatives within U.S.

Legal 246
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Government to scrap employment programme for disabled people

Workplace Insight

” The government argues for a “moral mission” to get people back to work, but critics point out the scrapped WHP program directly addressed this goal. A new scheme, Universal Support, aims to assist 25,000 disabled individuals into work by 2025, but its nationwide rollout is delayed until summer.

Medical 109