Goldman Sachs to lift vaccination, Covid-19 requirements in most offices next month

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Goldman Sachs will lift all of its Covid-19 requirements in most offices from September 6 in an effort to incentivize its employees to return to the office more than two years after the pandemic.

According to a memo sent Tuesday and obtained by CNBC, the bank will no longer require its employees to be vaccinated to enter its offices or to test and wear face coverings. The policy applies to most offices, except those in Lima and New York City.

Unvaccinated employees in New York City will still need an approved religious or medical exemption to enter the bank’s offices, according to the memo.

Goldman Sachs news comes as companies around the world struggle with how to balance Covid-19 restrictions and the desire to personally bring workers back more than two years after the lockdowns began.

It should be noted that the memo does not specifically require employees to come to the office. Instead, it encouraged employees who have not come to the office to talk to their managers to ensure they meet “current return to office expectations.”

The bank also said it will continue tracing contacts but expects to end its program of distributing free antigen testing kits at its offices by the end of 2022, according to the memo.

— Leslie Picker contributed to reporting.



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