News Update

Goldman Sachs Plans To Lift Most Vaccination Rules For Its Staff In Office

Started in September, employees outside of New York are back in the office regardless of vaccination status, with no requirement to participate in regular testing or wear face coverings, according to a memo sent to staff. The bank eased COVID-era measures, citing new U.S. Centers for Disease Control guidelines, improved treatments, and wide availability of testing.

Goldman Sachs said employees with an approved medical or religious exemption to the city’s vaccine mandate in New York City could enter offices with no testing or face coverings. Those without an approved exemption and who don’t meet the mandate should continue to work remotely. The Wall Street giant and Chief Executive Officer David Solomon have aggressively pushed a return to offices. He said early this year; that the pandemic wouldn’t change the firm’s in-person culture.

The memo didn’t specify how many days a week employees are expected to attend. Earlier this year, Goldman executives had emphasized their expectation that staff meeting COVID-19 protocol requirements will work from the office. The firm has been out in front trying to corral its staff to resume full-time office work even as its workforce has been reluctant.