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Wells Fargo, BlackRock delay office returns over rising COVID-19 cases

Wells Fargo, BlackRock delay office returns over rising COVID-19 cases

NY Post
Thursday, August 05, 2021 05:40:40 PM UTC

Wells Fargo and BlackRock announced Thursday that they’re pushing back their return-to-office plans to October amid rising cases of COVID-19.

Wells Fargo, the largest workforce of any US bank with almost 260,000 employees, said it will start calling workers back to the office on Oct. 4, rather than Sept. 7, as previously planned, according to an internal memo from Chief Operating Officer Scott Powell. “The delta variant does not change the basic facts: vaccinated people are at lower risk of becoming infected with Covid-19, and much lower risk of becoming seriously ill and requiring hospitalization if they do become infected,” Powell wrote in the memo.
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