Goldman Sachs tells staff to remain residence as a result of Covid

Goldman Sachs tells employees to stay home due to Covid
The financial institution despatched a memo Sunday encouraging staff who can work remotely to take action till January 18, a Goldman Sachs spokesperson informed CNN.

Goldman Sachs cited “rising neighborhood infections” in the USA.

Different banks have made comparable strikes. Jefferies inspired staff on Monday to earn a living from home till a minimum of the top of January, extending a plan the funding financial institution imposed a month in the past following dozens of Covid-19 infections.

“Realistically, we don’t foresee us all having a secure alternative to be collectively in our workplaces till a minimum of Monday, January thirty first,” Jefferies CEO Wealthy Handler and president Brian Friedman wrote in a memo to staff. “We’re encouraging everybody to work remotely until there’s a superb motive to be in our workplace.”

This comes after JPMorgan Chase final week gave staff the choice to earn a living from home for the primary two weeks of January. Citigroup additionally informed employees to remain residence if their roles permit them to take action.

Though some Wall Road leaders have been wanting to get staff again within the workplace, the lingering pandemic has difficult these plans. Some staff are understandably involved about piling into crowded workplaces, elevators and subways at a time when Covid-19 is spreading quickly.

Goldman Sachs stated its workplaces will stay open with security protocols in place.

The financial institution lately introduced it should require all staff and guests in its US workplaces to get examined twice per week efficient January 10 and present proof of boosters efficient February 1.
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In a memo obtained by CNN, Citigroup (C) requested its US staff to earn a living from home for the primary few weeks of the brand new 12 months if they can accomplish that. The financial institution pointed to the “rise in Covid-19 instances throughout the US because of the omicron variant.”
“We are going to proceed to watch the info and supply an replace in January on after we count on to be again within the workplace in an analogous method as we’ve been,” Citi stated within the memo, which was beforehand reported by Bloomberg.

JPMorgan expects its staff again within the workplace by February 1.

“Throughout the US we’re seeing a speedy rise in Covid-19 instances associated to the Omicron variant,” JPMorgan stated in a memo. “With the rise in vacation journey and gatherings, we’re permitting for extra flexibility throughout the first two weeks of January.”

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