Credit Suisse has reportedly revised return to offices dates in the US for unvaccinated staff following the recent surge in Covid-19 cases.
According to a Bloomberg report, the vaccinated staff will start working from offices from 7 September. However, the date of return for unvaccinated workers was pushed to 18 October, the publication reported citing an internal memo.
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The Credit Suisse staff, who have already joined, will continue to work from offices.
All staff are expected to wear masks in common areas of offices. But they can remove them when they are on their respective floors.
Earlier this year, Credit Suisse unveiled a hybrid working model to provide workers with maximum flexibility while choosing working options. It was first rolled out in Switzerland.
The Swiss bank is expected to reactivate the model in the US following the return of the staff.
Recently, Goldman Sachs said that Covid-19 vaccinated staff can enter US offices. They will require to wear masks while at offices.
Credit Suisse results
Last month, Credit Suisse reported a 78% year-on-year plunge in Q2 2021 profit due to the impact resulting from the collapse of Archegos Capital.
Net profit was $278.45m (CHF253m) in the quarter to June 2021, compared to CHF1.16bn a year ago.
Earlier this month, it was reported that the group has turned to debt sale to recover from the losses incurred from Archegos Capital failure.
