Due to Covid, Goldman Sachs tells employees to stay at home

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A Goldman Sachs spokesperson told CNN that the bank sent a memo on Sunday to encourage employees who can work remotely to do so by January 18.

Goldman Sachs quoted the United States as saying that “community infection rates are rising.”

The two largest U.S. banks will resume remote work in 2022

Previously, JPMorgan Chase last week allowed employees to choose to work from home in the first two weeks of January. Citigroup also told employees if their role allows them to stay at home.

Although some Wall Street leaders have been eager to get employees back to the office, the lingering pandemic has complicated these plans. At a time when Covid-19 was spreading rapidly, it was understandable that some employees were worried about crowding into crowded offices, elevators and subways.

Goldman Sachs said its office will remain open and has established a security protocol.

The bank recently announced that it will require all employees and visitors of its U.S. office to be tested twice a week from January 10 and to show proof of boosters from February 1.
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In a memo obtained by CNN, Citigroup (C) Requires its American employees to work from home in the first few weeks of the new year, provided they can do so. The bank noted that “due to the omicron variant, there has been an increase in Covid-19 cases across the United States”.
Citigroup stated in the memo: “We will continue to monitor the data and provide an update in January on when we expect to return to the office in a similar manner to the past. The memo was previously reported by Bloomberg.”

JPMorgan Chase expects its employees to return to the office by February 1.

JPMorgan Chase said in a memo: “Across the United States, we have seen a rapid increase in Covid-19 cases related to the Omicron variant.” “With the increase in holiday trips and gatherings, we provide in the first two weeks of January For greater flexibility.”



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