After Labor Day, “our view is all the vaccinated teammates will be back,” Moynihan said. “We’ll be able to operate fairly normally and will then start to make provisions for the other teammates as we move through the fall,” he added.
“We encourage employees to enter their vaccination status in the company portal, and we expect the majority of our employees to return after Labor Day,” a spokesperson for Bank of America told CNN Business.
“If you can go to a restaurant in New York City, you can come into the office. And we want you in the office,” Gorman said. “By Labor Day, I’ll be very disappointed if people haven’t found their way into the office and then we’ll have a different kind of conversation.” The CEO added that workers can’t expect to get New York City-level salaries if they continue to work remotely.
Dealing with stress
In March, Citigroup announced “Zoom-Free Fridays” as a way to help the bank’s burned-out employees cope with stress a year into the pandemic.
— CNN’s Paul La Monica contributed to this report