Goldman Sachs cited “rising community infections” in the United States.
This comes after JPMorgan Chase last week gave employees the option to work from home for the first two weeks of January. Citigroup also told workers to stay home if their roles allow them to do so.
Although some Wall Street leaders have been eager to get employees back in the office, the lingering pandemic has complicated those plans. Some employees are understandably concerned about piling into crowded offices, elevators and subways at a time when Covid-19 is spreading rapidly.
Goldman Sachs said its offices will remain open with safety protocols in place.
JPMorgan expects its employees back in the office by February 1.
“Across the US we are seeing a rapid rise in Covid-19 cases related to the Omicron variant,” JPMorgan said in a memo. “With the increase in holiday travel and gatherings, we are allowing for more flexibility during the first two weeks of January.”
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