Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

JPMorgan, Citi staff to start 2022 with remote work

Published 12/30/2021, 08:59 PM
Updated 12/30/2021, 09:00 PM
© Reuters

(Reuters) - JPMorgan Chase & Co (NYSE:JPM) has offered its staff the option of working from home for the first two weeks of 2022, with a caveat that all employees are expected to return to office no later than Feb. 1, according to a memo seen by Reuters.

The bank told workers it was not changing the long-term plans of working from the office. "With the increase in holiday travel and gatherings, we are allowing for more flexibility during the first two weeks of January to work from home (if your role allows) at your manager's discretion," the memo said.

Citigroup (NYSE:C) has also asked its employees to work from home during the first few weeks of 2022, a person familiar with the matter told Reuters.

The bank had said to it employees at its New York City office on Dec. 15 they could work from home if they were able to through the holidays.

U.S. banks have been more proactive than other industries in encouraging employees back to the office, but those plans have come under renewed scrutiny due to the rapid spread of the Omicron coronavirus variant.

Earlier this month, JPMorgan instructed unvaccinated staff in Manhattan to work from home, while relaxing mask requirements for vaccinated staff working in its Manhattan offices.

Latest comments

That is great to not spread COVID. Only thing, what about CFTC Docket No. 22-07 and all those bad boys and girls?
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.