An example of the chaotic situation, looking at Wall Street, where bank executives have been eager to restock office towers with workers. But New York is now contending with rising virus cases, with models from the Centers for Disease Control and Prevention estimating the omicron variant could make up 13% of Covid-19 infections in the area and in New Jersey.
Last week, Jefferies Financial Group Inc. told bankers to go back to remote work after the firm saw an increase in cases following the Thanksgiving holiday.
Morgan Stanley has also had recent outbreaks at its New York offices, according to people familiar with the matter. The bank, where workers typically sit in an open-office format, has required employees be vaccinated but doesn’t have a mask mandate. A spokesperson for the company declined to comment.
Morgan Stanley has also had recent outbreaks at its New York offices, according to people familiar with the matter. The bank, where workers typically sit in an open-office format, has required employees be vaccinated but doesn’t have a mask mandate. A spokesperson for the company declined to comment.
Chief Executive Officer James Gorman made waves this summer when he admonished his staff and argued that if they could go to a restaurant, then they could make their way into the office. It reflected a growing reality for many of Wall Street’s top brass: They were ready to get back to normal and were tired of workers resisting.
Well, the quality of life has to be restored to avoid this deadly virus. Just a thought.
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