'U-turn' | Citi in controversial vaccine move as it bids to get staff back to office

Citigroup will require 65,000 staff to be vaccinated by January 2022 in a bid to get everyone back to the office.

It is a seeming u-turn from a more relaxed approach which, at least initially, was at odds with other banking giants such as Goldman Sachs – David Solomon, CEO at the New York-headquartered global business, previously told the BBC that remote work was “an aberration that we are going to correct as soon as possible” – and JP Morgan.

Vaccine mandate

The bank’s move, for US staff, might cause some controversy in HR circles, not only because of the measured demand for remote and hybrid models, but because of an apparent vaccine mandate folded into the return-to-office plans.