Work

Wall Street’s Hopes for Return to Office Dashed Again by Covid

  • Goldman reverses previous stance, now targets Jan. 18
  • Jefferies looks to end of January for ‘safe opportunity’
Goldman Sachs Backtracks on Return-to-Office Plan
Lock
This article is for subscribers only.

Wall Street’s push to refill office towers across the country has been derailed again.

This time it’s the highly transmissible omicron variant of the Covid-19 virus that’s forced executives to rethink their plans. A record 10 million people were diagnosed with Covid-19 in the seven days through Sunday, almost twice the pandemic’s previous weekly high, though weekly deaths continued to drop.