"I Was Wrong': Omicron Wrecks CEOs' Plans For Return To Office
NDTV
The latest virus resurgence is putting bosses in a tough spot navigating employee safety and constantly shifting plans for office work.
Just as it seemed like corporate America was on a path toward normalcy, a new wave of Covid uncertainty is upending business plans from Wall Street to Silicon Valley.
Manhattan holiday parties are being canceled and banks are contending with fresh outbreaks as the omicron variant spreads. Citigroup Inc. said staffers in the New York City metropolitan area can work from home through the holidays, with hedge-fund firm Citadel issuing similar guidance. JPMorgan Chase & Co. shifted its big San Francisco health-care conference online after major biotech companies pulled out of the event.
Apple Inc. and Alphabet Inc.'s Google have indefinitely put off their return-to-office dates.
The latest virus resurgence is putting bosses in a tough spot navigating employee safety and constantly shifting plans for office work, business travel and social gatherings after almost two years of Covid confusion. At the same time, many Americans have largely resumed normal activities in their personal lives, from dining out to attending big events, creating a disconnect between what's happening at jobs and at home.
