American Express postpones return of U.S. employees due to COVID - 19

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Aug 10 - American Express Co has postponed a full return of employees to its offices in the United States until at least Oct. 11 due to the rapid spread of Delta variant of coronavirus, according to an internal memo seen by Reuters on Tuesday.

The memo, sent by Chief Executive Officer Steve Squeri to all U.S. colleagues, said AmEx will continue to monitor the situation closely and is prepared to delay a return to office if trends deem it necessary

Offices will remain open for employees who want to come in or are unable to work effectively at home, according to the memo. Squeri also stressed the importance of getting vaccinated against COVID- 19.

Major businesses worldwide that were looking at various hybrid and other models to bring their staff back to the office, have recently been delaying their return-to-the office dates due to Delta variant.

Earlier in the day, Citigroup Inc mandated vaccinations for its U.S. employees returning to its New York headquarters and offices in some other cities.