(Reuters) – Citigroup Inc will begin enforcing a previously announced “no-jab, no job” policy as of Jan. 14, according to a source familiar with the matter, making it the first major Wall Street institution to implement a strict COVID-19 vaccine mandate.
The move comes as the financial industry, which has long been keen to get back to business as usual, grapples with how to safely bring workers back to the office amid the spread of the highly infectious Omicron coronavirus variant.
Other major Wall Street banks, including Goldman Sachs & Co,, Morgan Stanley and JPMorgan Chase & Co, are telling unvaccinated staff to work from home, but have not yet gone as far as terminating their employment.
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