Goldman Sachs will require all employees to be vaccinated by Sept. 7, or will forbid them from working in the office, according to a memo obtained by The Post.
The move comes after CEO David Solomon called all workers back to the office by June, saying work-from-home policies were an “aberration.”
But now, employees who refuse to get the COVID shot will be forced to work from home, banned from all of Goldman’s US offices. There will be no exemptions for religious or health reasons, according to the memo.
The requirement could be a bellwether for other big companies after the Food and Drug Administration earlier this week gave full approval to the Pfizer vaccine — which was seen as opening the door to more employer requirements.
Goldman also will require workers and visitors to its offices to wear masks and will mandate regular testing for anyone entering a Goldman Sachs office building in the US, regardless of their vaccination status.
Employees who don’t want to get vaccinated will have to make plans with their managers to work remotely. The bank will provide a paid half-day off to make it easier for employees to get the jab.
Solomon in February called work from home “an aberration that we are going to correct as quickly as possible” and “not a new normal” for employees at the white-shoe firm.
Meanwhile, as the Delta variant rages, beginning Wednesday, all Goldman employees will also be required to wear masks in common areas including elevators, hallways, and gyms in accordance with CDC guidance that was issued in July.
In San Francisco and Washington, D.C. Goldman will comply with more stringent protocols that require employees to wear masks at all times except when they are eating and drinking.
Goldman Sachs will also relaunch mandatory weekly coronavirus testing for all employees on Sept. 7.
The more stringent rules are a turnaround for the bank, which over the summer let fully vaccinated employees roam free without their masks — a move that was in line with CDC guidance when the bank ordered employees back in June.
Then in July, the CDC reversed its previous guidance on mask-wearing for vaccinated people — saying it recommended face coverings in all public settings for anyone in a COVID hot spot. New York City, the heart and soul of Wall Street, is considered to have substantial risk of transmission as the more highly contagious Delta variant spreads.
Goldman joins Citigroup and Morgan Stanley in mandating vaccines for all employees going into the office.
On Monday, The Post reported most employees on Wall Street were eager for a vaccine mandate — and that antivaxxers were becoming social outcasts at big banks.
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August 25, 2021 at 04:48AM
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