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Source: Economic Times
Axis Bank plans temporary Mumbai office split for 3,000 staff
Axis Bank plans to spread about 3,000 employees across several Mumbai offices temporarily. Its existing headquarters faces demolition as the bank looks for a larger, unified workspace.
The planned relocation will leave the affected workforce operating from multiple locations rather than one headquarters. Axis Bank is seeking a bigger office that can bring its employees together, but the report does not identify a property or say when that search could be completed.
Demolition of the current headquarters is the reason for the temporary arrangements. A replacement tower with 32 storeys is expected to be ready in roughly five years. That is the stated building timeline; it does not establish how long employees will remain at the separate offices.
The report provides no office-by-office allocation for the roughly 3,000 staff involved. It also does not state when the transfers will begin, which teams will move first, or how the bank plans to divide employees among its Mumbai locations.
For now, the immediate plan is a temporary split across offices, alongside the search for a larger single location. The report does not confirm that Axis Bank will occupy the new tower, so its completion should not be read as a confirmed return date for staff.
