Goldman Sachs staff to work from home due to covid

Adding on to the list of Wall Street firms advising employees to stay at home, Goldman Sachs has sent a memo to their staff encouraging them to work remotely. According to a Goldman Sachs spokesperson, the bank sent a memo on Sunday to work from home till January 18. The bank has cited "rising community infections" in the United States. This statement comes after JPMorgan Chase gave employees an option last week to work from home for the first two weeks of January. Citigroup has also told their workers to stay at home if their job roles allow them to do so. 

Although many Wall Street leaders are keen on getting employees back into offices, the current pandemic situation has complicated those plans. Some employees are concerned about piling into crowded offices, elevators and subways at a time when covid-19 is spreading rapidly. Goldman Sachs said that its offices will be open with covid safety protocols in place. The bank recently announced that all its employees and office visitors will have to get tested twice a week effective January 10 and show proof of boosters effective February 1. 

Source: CNN