JPMorgan Chase sending up to half NY metro employees to work from home

Folks pass a signal for JPMorgan Chase at it truly is headquarters in Manhattan, New York Metropolis.

Spencer Platt | Getty Photographs

JPMorgan Chase on Thursday advised managers to carry out a program to have workforce based in places of work in Manhattan, Brooklyn and Jersey City to start doing the job from dwelling in shifts starting on Friday.

“We are inquiring our managers to arrange for no less than 25% and no larger than 50% of their workforce customers who can proficiently get the job done from house, to begin carrying out so by the finish of this 7 days,” in accordance to a memo obtained by CNBC, which was despatched to team Thursday morning.

The transfer is very likely to be adopted broadly be other massive New York-location employers: JPMorgan mentioned it was pursuing the ask for of Gov. Andrew Cuomo to decrease the density of staff at places of work and taking mass transit. Continue to, sending vast swaths of workforce property, as tech giants like Google and Amazon have carried out, signals an escalation in techniques as the coronavirus proceeds to spread.

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