Citi Staff Near NYC, Credit Suisse’s in U.S. to Return to Office

(Bloomberg) — Citigroup Inc.’s staffers in the New York City region and Credit Suisse Group AG’s workforce across the U.S. are being urged to return to offices early next month, as coronavirus cases start to recede. 

Citigroup employees in New York, New Jersey and Connecticut were asked to prepare to come back on Feb. 7. For other locations across the country, the bank will continue to monitor local health data before inviting more workers to return. A spokeswoman confirmed the bank’s plans.

At Credit Suisse, workers in the U.S. were asked in a memo to return Feb. 1, according to a person familiar with the matter. The bank will still offer flexibility for hybrid work schedules of some employees, the person said, asking not to be identified discussing private information.  A representative for the bank declined to comment.

Many Wall Street firms began offering employees more flexibility to work from home last month — and then began urging them to do so — as Covid-19 infections soared, driven by the more transmissible omicron variant. But as the worst of that surge starts to subside, employers are setting expectations for resuming commutes.

Citigroup has already asked its London staff to come into the office at least three days a week after the U.K. government said people no longer needed to work from home. Still, the lender has long said it will embrace remote work even after the pandemic subsides, and that the majority of workers will be able to work from home at least part of the time on a permanent basis. 

More stories like this are available on bloomberg.com

©2022 Bloomberg L.P.

Close Bitnami banner
Bitnami