Citi to lay off unvaccinated employees

Citi to lay off unvaccinated employees

Citigroup would be the first Wall Street firm to enforce a “no vaccine, no jobs” policy as the financial industry tries to figure out how safe it is to bring employees back to the office amid the advancement of the highly infectious strain. Omicron of coronavirus.

The firm said in October that it would require U.S. employees to be vaccinated against COVID-19 as a condition of their employment.

The bank said at the time that it was complying with the Biden government’s policy requiring that all workers backing government contracts be fully vaccinated, as the government remains a “large and important” customer of Citi, Sara Wechter said. , director of human resources, in a LinkedIn post.

Bloomberg first reported the bank’s January 14 deadline on Friday.

However, the bank said at the time that it will evaluate religious or medical exemptions, or any other accommodation by state or local law, on a case-by-case basis.

Several finance companies have delayed their return-to-office plans, while others are encouraging staff to work from home, get vaccinated and get regular tests.