Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, the United States, on Monday, April 29, 2019.
Kyle Grillot | Bloomberg via Getty Images
Citigroup told employees that they must be vaccinated against Covid-19 before returning to their offices, making it one of the few major U.S. banks to take this stance.
The move was announced Tuesday as part of the bank’s plans to move more employees back to corporate offices in the New York area as well as Chicago, Boston, Washington, DC and Philadelphia, according to a LinkedIn post from bank HR director Sara Wechter.
Staff at these offices are expected to return at least two days a week starting Sept. 13 and require vaccination, Wechter said. “With the increased number of employees returning to these buildings and the Delta variant in the US, we are taking this approach to ensure a safe workplace.”
Most of the major banks, including JPMorgan Chase and Goldman Sachs, recommend their employees get vaccinated but don’t require them. Morgan Stanley is an exception: the bank informed its employees in June that those returning to its New York headquarters and other large offices would need to be vaccinated.
The proliferation of the highly contagious Delta variant of Covid has disrupted companies’ plans to get more employees back to work, leading some companies to mandate vaccines or postpone return dates. Citigroup and JPMorgan recently rolled back mask requirements for employees regardless of vaccination status.
At Citigroup, employees who work in corporate offices in addition to those mentioned will continue to work remotely, said Wechter. The bank “strongly” encouraged branch employees to get vaccinated, according to Bloomberg, who previously reported the news.
“Those are our plans to this day, and I assure you that if the facts change, so will we,” said Wechter.
This story evolves. Please check again for updates.
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