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Goldman Sachs to Start Restaffing Key U.S. Offices on June 22

The investment bank will bring back an initial group of employees to offices in New York, Jersey City, Dallas and Salt Lake City.

Goldman Sachs to Start Restaffing Key U.S. Offices on June 22
Goldman Sachs Group Inc. signage is displayed at the company’s booth at the New York Stock Exchange in U.S.. (Photographer: Michael Nagle/Bloomberg)

(Bloomberg) -- Goldman Sachs Group Inc. plans to start the long-awaited return of its U.S. workforce this month, following a strategy of incremental restaffing that it rolled out in locations abroad where the coronavirus pandemic has slowed.

The Wall Street investment bank will bring back an initial group of employees on June 22 to offices in New York, Jersey City, Dallas and Salt Lake City, the company’s leaders told staff in a statement posted online Wednesday. Eligible workers will be notified in advance, if they haven’t been already, and must complete a health questionnaire. The timing for other U.S. offices remains uncertain.

“Rest assured, returning is entirely voluntary,” bosses including Chief Executive Officer David Solomon wrote in the memo. “Everyone is encouraged to adopt an approach that works for them and their own personal circumstances, which might make a return to office challenging at this time.”

Banks that enacted strict protocols in Asia, where the virus first hit and receded, have been reopening offices around the world gradually, hoping to avoid a resurgence of infections. Last month, New York-based Goldman invited some staff at locations in Europe to resume commutes.

The bank is inviting more people to come back to the office in London on Monday. And in Bengaluru, India, “we expect to review our return to office process toward the end of June,” the executives wrote. Employees who want to come back to the office soon but haven’t yet been invited may contact their managers, according to the statement.

©2020 Bloomberg L.P.