Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

JPMorgan tells vaccinated employees no mask required at work

Published 05/18/2021, 02:24 PM
Updated 05/18/2021, 03:16 PM
© Reuters. FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015.  REUTERS/Mike Segar

By Elizabeth Dilts Marshall

NEW YORK (Reuters) -JPMorgan Chase & Co told employees on Tuesday that fully vaccinated staff do not have to wear masks at its U.S.-based offices, according to an internal memo seen by Reuters.

Employees are asked to enter their vaccination status into an online database organized by the bank. Employees who have not been vaccinated must continue to wear a face covering in all public and common spaces, private offices and meeting rooms, according to the memo.

The change in policy comes one day after the bank began requiring employees to return to work in offices, and it follows similar moves by Walmart (NYSE:WMT) Inc, Target (NYSE:TGT) and others that lifted mask-wearing mandates in accordance with the U.S. government's new guidance.

Last week, the U.S. Centers for Disease Control and Prevention advised that fully vaccinated people do not need to wear masks outdoors and can avoid wearing them indoors in most places.

Employees working at its Chase bank branches or in receivables operations will still have to wear masks, the company said, "due to the high levels of client interaction (and) other factors," according to the memo, which was verified by a bank spokeswoman.

Employees may also need to wear masks in some common areas, like lobbies in buildings where JPMorgan (NYSE:JPM) is leasing its offices. Staff should also continue practicing social distancing and must complete daily health checks at all bank facilities, the company said.

But for fully vaccinated employees, "life in the office will be a bit closer to what it used to be," the memo said.

JPMorgan Chief Executive Jamie Dimon has been a strong advocate for the COVID-19 vaccines and has said the bank is looking into whether it can legally require staff to get the shots.

© Reuters. FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015.  REUTERS/Mike Segar

"We strongly believe that the more people who are vaccinated, the safer we all are from the spread and impact of COVID-19," the bank said in the unsigned memo.

JPMorgan on Monday began requiring its employees to return to work at offices in the United States at least for a few days each week. The bank's goal is for nearly all employees to return to working in the office on a rotational basis by July.

Latest comments

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.