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Big Banks Plan Staffing Limits, Shift to Suburbs After Lockdown

  • JPMorgan is clearing personal belongings off workers’ desks
  • Citigroup may move some to offices in New York City suburbs
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Wall Street Will Look Very Different When Workers Return

Wall Street in the post-lockdown era is starting to take shape.

Big banks are preparing offices meant for thousands to house a fraction of that number, with some of those displaced employees relocating to suburban outposts and some working from home indefinitely.