Business travel has changed for thousands of workers, thanks to COVID, cost-cutting and environmental worries.
That’s according to a Sunday (Feb. 25) Financial Times (FT) report, which says some big companies in the U.S. and Europe have stopped allowing nonessential trips, while many business travelers are taking longer trips to reduce the need for repeat visits.
“You have to have a real story behind the trip to have it approved now,” one London-based banker told the FT. Another said that senior staff are traveling nearly as regularly as before the pandemic, while junior employees have seen trips cut back.