Loading ...Citigroup To Fire All Unvaxx’d Unless They Comply With Mandate By Jan 14
Citigroup has just become the first Wall Street megabank to give the anti-vaxxers among its 70K employees an ultimatum: either get vaccinated (and turn over the appropriate proper documentation), or find somewhere else to work.
“As Wall Street banks struggle to find a strategy to bring workers back to the office without putting them at risk of getting COVID, the bank has decided that Citi employees who don’t comply with this mandate by Jan. 14 will be placed on unpaid leave, and their last day of employment will come at the end of the month, according to a message to Citigroup staff seen by Bloomberg.
This is by far the most restrictive requirement among Wall Street firms. But whether or not it will help the financial services industry bring workers back to the office more quickly remains to be seen.”
It’s another way for headcount reduction without formal procedure requiring severance and future benefits. They will refuse to provide pensions and get the states to deny unemployment insurance. You can be sure that if someone is a “rainmaker” they will quietly get an exemption or some type of home work arrangement will be allowed.