Goldman Sachs became one of the first big banks to put an end to remote work on Tuesday, when it asked a majority of its workers in the United States and Britain to return to the office in June.
In a memo to employees, Goldman executives asked that workers “make plans to be in a position to return to the office” by June 14 in the United States and June 21 in Britain.
“We are focused on progressing on our journey to gradually bring our people back together again, where it is safe to do so,” said the memo, which was signed by David M. Solomon, the firm’s chief executive, as well as his two top lieutenants, John E. Waldron and Stephen M. Scherr. The executives said the bank was “now in a position to activate the next steps in our return to office strategy.”
Exceptions would be made where warranted, according to the memo, which noted that in India and Latin America, where Goldman also employs workers, the health challenges remained substantial. But in New York, where the bank has its headquarters, pandemic restrictions are being lifted on May 19 as coronavirus cases fall and vaccination rates increase. The city is expecting fuller offices, restaurants and subways over the summer.
JPMorgan Chase, the nation’s biggest bank, plans to open all its U.S. offices on May 17 for employees who wish to return voluntarily. A compulsory return will follow in July, when workers will rotate in and out of the office in accordance with safety measures that will limit capacity at each office.
Jamie Dimon, JPMorgan’s chief executive, who has previously spoken about the advantages of working from the office, reiterated his comments at a Wall Street Journal C.E.O. conference on Tuesday morning.
“We want people back at work, and my view is that sometime in September, October it will look just like it did before,” Mr. Dimon said. “And yes, the commute, you know, yes, people don’t like commuting, but so what.”