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Citigroup asks US employees to return to office from March 21

Citigroup said in January unvaccinated staff would be placed on unpaid leave and fired at the end of the month unless they were granted an exemption.

Updated on: Feb 24, 2022, 07:44:21 IST
Reuters
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Citigroup Inc has asked vaccinated employees in all US locations to start returning to the office from the week of March 21, according to an internal memo on Wednesday that was seen by Reuters.

Citigroup staff will be working in a hybrid work model. (AFP) (AFP)
Citigroup staff will be working in a hybrid work model. (AFP) (AFP)

Staff will be working from the office for at least two days a week, the memo said. Bank employees in the New York Tri-State area have already started coming to the office from Feb. 7.

"Although COVID-19 may never fully go away, we are seeing promising developments," Citi's head of human resources Sara Wechter said in the memo.

The bank's move highlights a growing inclination among employers and politicians to treat the virus as part of everyday life. Earlier this month, officials in several states including New York, New Jersey and California eased mask mandates.

Wall Street banks and investment firms have been more proactive than other sectors in requiring that employees return to offices.

Citigroup said in January unvaccinated staff would be placed on unpaid leave and fired at the end of the month unless they were granted an exemption. As of January-end, about 99% of the bank's U.S. employees had complied with the vaccine mandate.

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