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Wells Fargo said Thursday it would delay reopening its offices by about a month until early October, making it the largest bank yet to shift gears due to the increase in Covid-19 cases. And BlackRock, the world’s largest asset manager, is also delaying until October.
“The number of cases is increasing around the world and the Delta variant has caused us to adjust our plans,” wrote Andy Cecere, CEO of the US bank, in an email to employees.
The change in plans of Wells Fargo, BlackRock and US Bank contrasts with the stance of other major banks.
But the Delta variant could force a redesign, especially if employees indicate they aren’t comfortable cramming into crowded offices, subways, and buses.
“We will continue to closely monitor the impacts of the Delta Variant and the response from schools, governments and other employers as we finalize our plans to return to the office,” Bakish said in a note.
He said in part that “We recognize that many Googlers are seeing spikes in their communities caused by the Delta variant and are concerned about returning to the office. This extension will give us time to get back to work while providing flexibility to the office. those who need it. “
If more businesses were to delay reopening their offices, it would be a blow to restaurants, bars and other small businesses that were banking on a return of office workers this fall.
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