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Credit Suisse Staff Told to Expect Return to Work in Phases

  • Many employees to keep working from home for weeks or months
  • Staff to work from office in alternating groups in phase-in
Credit Suisse Group Chief Executive Officer Brady Dougan Speaks At The Annual General Meeting

Photographer: Alessandro Della Bella/Bloomberg

Updated on

Credit Suisse Group AG employees have been told to expect to return to offices in four phases as the Swiss bank prepares to reopen offices that have been shuttered to halt the spread of the coronavirus.

The first phase will allow a very limited number of essential staff to return to offices, and phase two will see additional employees returning in alternating groups, according to a memo from the bank’s executive leadership seen by Bloomberg News. In phase three, more people will return while the split model arrangement is still in place, while phase four will allow for a full return and resumption of all services.