Jefferies Group Inc

Offices Close and Holiday Parties Fade as Omicron Brings New Concerns

As employers weigh vaccine guidelines and adjust their office returns, they also face a more immediate challenge: How will they celebrate the holidays as Omicron spreads? After a year of email and Slack correspondence, corporate teams had been eagerly anticipating holiday parties. But as New York City’s new Covid cases rose significantly after party invitations […]

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Wall Street Warms Up, Grudgingly, to Remote Work, Unthinkable Before Covid

In private, many senior bank executives tasked with raising attendance among their direct reports expressed irritation. They said it was unfair for highly paid employees to keep working from home while others — like bank tellers or building workers — dutifully come in every day. Salaries at investment banks in the New York area averaged […]

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