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Goldman Sachs asks U.S. employees to work from home until Jan. 18

Stock Markets Jan 03, 2022 07:30AM ET
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© Reuters. FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly
 
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(Reuters) - Goldman Sachs Group Inc (NYSE:GS) is encouraging its eligible U.S. staff to work from home until Jan. 18, a company spokesperson said, as it followed a number of its rivals in altering return-to-office plans as the Omicron variant spreads.

Goldman's offices will continue to remain open with previously announced COVID-19 safety protocols, the spokesperson added. Those measures are: a vaccine requirement, booster requirement for all eligible populations effective Feb. 1, bi-weekly testing effective Jan. 10, and mandatory masks.

Financial firms have been grappling with when they can realistically get back to business-as-usual, and how to communicate to staff and retain workers amid the uncertainty. A number of other banks had asked staff to work remotely due to the latest surge in cases.

Goldman was among the Wall Street banks that had pushed hardest to bring staff back into offices, and had been the last holdout trying to keep most staff working in the offices through the Omicron variant's surge.

JPMorgan Chase & Co (NYSE:JPM), which was also among those pushing staff to work in its offices, told workers last week https://www.reuters.com/business/finance/jpmorgan-citi-staff-start-2022-with-remote-work-2021-12-31 they could from home for the first two weeks of January. However, JPMorgan said in the memo to employees that all staff are expected to return to offices no later than Feb. 1.

Citigroup (NYSE:C.N) has also asked its employees to work from home during the first few weeks of 2022, a spokesperson confirmed late last month.

Goldman Sachs asks U.S. employees to work from home until Jan. 18
 

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Comments (2)
Chad RicherThanYou
Chad RicherThanYou Jan 02, 2022 3:56PM ET
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Here come the lockdowns
Matt Brackley
Matt Brackley Jan 02, 2022 2:18PM ET
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easy peasy when the algorithm is set to distribution
 
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