Fidelity Halts Return-to-Office Pilot in Northeast on Covid Risk
(Bloomberg) -- Fidelity Investments paused its voluntary return-to-office pilot program in New England amid rising Covid-19 risks.
The firm stopped non-essential workers from coming into offices in Boston, Smithfield, Rhode Island, and Merrimack, New Hampshire, spokesman Stephen Austin said Monday in an emailed statement. Voluntary return-to-office programs for thousands of employees in other locations around the U.S. remain in effect.
“We will continue to let science and data drive our decision-making, and our return to offices is focused more on the ‘how’ as opposed to the ‘when,’” Austin said.
Reuters reported on the change earlier.
Boston-based Fidelity had about $4.2 trillion of assets under management at the end of September.
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