Wells Fargo delays return-to-office plans until October

Wells Fargo signage on Might fifth, 2021 in New York Metropolis.

Invoice Tompkins | Michael Ochs Archives | Getty Photos

Wells Fargo has pushed again plans for workers to return to company workplaces by a month in response to the rise in U.S. coronavirus instances.

The financial institution is now aiming to kick off the primary part of its plan on Oct. 4, from a earlier Sept. 7 goal, in response to a memo Thursday from Chief Working Officer Scott Powell. The transfer applies to workers who’re at the moment working remotely, not those that are already engaged on website, Powell mentioned.

Wells Fargo, the fourth greatest U.S. financial institution by property, is becoming a member of a rising checklist of companies which might be pushing again return dates or mandating that workers be vaccinated or put on masks amid a nationwide surge pushed by the extra contagious delta variant.

Final week, Citigroup mentioned that even vaccinated workers would want to wear masks at company workplaces. Tech giants, together with Facebook and Alphabet, now mandate that workers who want to return to workplaces be vaccinated. Big asset supervisor BlackRock additionally mentioned Thursday that it’s pushing workplace return plans again by a month to October, in response to Bloomberg, which earlier reported the Wells Fargo information.

The financial institution additionally inspired, however didn’t require, workers to get vaccinated and mentioned that nearly 90% of its workforce had responded to an inner vaccine questionnaire, in response to the memo obtained by CNBC. The financial institution declined to remark past the memo.

“We are going to proceed to observe the scenario and make additional changes if required,” Powell informed workers. “Please maintain yourselves and your households.”

This story is growing. Please test again for updates.

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