Jan 7 Reuters -- Citigroup Inc told its staff it would terminate employees who are notvaccinated as of January 14, enforcing a policy previously announced last year, according to a source familiar with the matter.
The bank is the first major Wall Street institution to enforce a no-jab, no job policy, as the financial industry struggles to bring workers back to office due to the spread of the highly infectious Omicron COVID variant.
Citigroup said in October it was at: www.reuters. All-us employees must be vaccinated - 2021 -- 10 -- 28 it would require U.S. employees to be vaccinated against COVID 19 as a condition of employment.
The bank said at the time it was complying with the Biden administration policy that requires all workers supporting government contracts to be fully vaccinated, as the government remains a big and important client of Citi, Sara Wechter, head of human resources, said in a LinkedIn post.
The bank had a Jan. 14 deadline on Friday, according to Bloomberg.
The bank said at the time it will assess exemptions on religious or medical grounds, or any other accommodation by state or local law, on a case-to-case basis.
There are a number of https: www.reuters. Com markets europe us-banks tighten-covid 19 precautions-omicron variant-spreads -- 2021 -- 12 -- 20 financial companies have pushed back their return-to- office plans, while others are encouraging staff to work from home, get vaccine and do regular testing.