After more than two years of work-from-home policies, some Wall Street firms have determined it's time for employees to return to the office after Labor Day.
Many big Wall Street firms are eyeing a full return to the office after
. The companies cite the waning severity of the current COVID-19 strain and the need for employees to increase productivity that diminished amid pandemic-induced work-from-home policies, Fox Business has learned.that Morgan Stanley would stop its COVID testing requirements and other mitigation procedures by Sept. 5, which is Labor Day, the official end of the summer on Wall Street.
According to a companywide memo that FOX Business has reviewed, the firm also recommends that all employees return to the office, barring certain individual health situations. Morgan Stanley did not return a call for comment. The New York Post also reported Tuesday that Goldman Sachs is taking a similar approach, lifting all COVID protocols and mandating staff return to the office full time after Labor Day.
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