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Revolut ends remote‑first for graduate hires, mandates office attendance

Financial Times Companies •
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Fintech leader Revolut announced it will end its remote‑first policy for new graduate hires starting in 2025. The company will require junior staff to work from the office at least three days a week. The shift follows a broader industry push to rebuild collaboration after a period of aggressive hiring and expansion. Recruiters warn the rule could narrow the talent pool in European cities.

Revolut’s decision arrives as the London‑based unicorn, valued at over $30 billion, confronts rising real‑estate costs and a competitive talent market. By anchoring graduates to physical offices, the firm hopes to nurture a stronger corporate culture and improve product delivery speed, factors investors have flagged as essential for sustaining growth.

The policy change will affect roughly 1,200 graduate employees hired since 2022, prompting some to reconsider offers. Analysts predict the move may modestly boost office‑space utilization rates in London’s tech hubs, while signaling that remote flexibility is no longer a universal perk for high‑growth fintechs.

Share price reacted modestly, slipping 1.2% after hours as analysts weighed the cost of higher office overhead against potential productivity gains. The move underscores a shift away from pandemic‑era flexibility, suggesting fintechs will prioritize in‑house teamwork to sustain their valuation trajectories in the near term.