J.P. Morgan Chase has a message for its employees: get ready to come back to the office as early as the summer.
The largest U.S. bank informed staff that it's planning to bring back all workers starting in July, but not everyone will be in the office at the same time, according to a memo sent to staff and seen by Reuters on Tuesday.
The bank said it would continue to stick to 50 percent occupancy guidelines handed down by the U.S. Centers for Disease Control and Prevention, in order to maintain ample social distancing.
Getting a vaccine is not required at this time, the memo said, but the bank told employees "we strongly encourage you to get vaccinated." There will be
required mask wearing and daily health check requirements.
Other Wall Street banks aren't far behind. Goldman Sachs CEO David Solomon has been the most vociferous in knocking down the idea that working-from-home will become the new normal.
He's been working from the company's New York HQ throughout most of the health crisis.
At a global town hall meeting held on Zoom in March, Solomon told the bank's thousands of employees that he hopes to have them working in offices again by this summer.
Wells Fargo has a longer timeline. It told employees that it plans to start bringing workers back to the office after Labor Day.