Goldman Sachs is joining the other Wall Street firms that are allowing employees to work from home due to the increase in Covid-19 cases. This past Sunday, the bank sent a memo encouraging employees who can work from home to do so until at least January 18th.
With the rise of Covid cases due to the recent variant Omicron, businesses have had to step back in their plans to return to the office. While in many cases at the end of the year many employees were already established in the offices, now companies are worried about the fast spread of the Omicron. Consequently, they strongly encourage employees to work from home if it’s in their possibilities.
Goldman Sachs Allows Remote Work – Again
Most Wall Street leaders were against remote work for the long term, and at the end of last year, they wanted to have all their staff working from the office. However, the pandemic – again – has complicated such plans.
A Goldman Sachs spokesperson told CNN that the bank sent a memo on Sunday encouraging employees who can work remotely to continue doing so until January 18th. They cited that the main reason for this was “rising community infections” in the United States.
However, the wall street firm also established that its offices would remain open with all the required safety protocols. All employees and visitors will get tested twice a week from January 10th and show proof of vaccination effective February 1st.
Similarly, JPMorgan and Citigroup allow employees to start 2022 working remotely due to Omicron.