Goldman Sachs told all but critical staff at its operation in Indian IT capital Bengaluru to return to working from home on Wednesday, reversing moves to get staff back to one of its biggest global offices as coronavirus infections in the city grew.
India earlier reported a new variant of the coronavirus as new infections and deaths nationwide hit the highest this year, prompting the imposition of new restrictions in some states.Bengaluru reported 1,280 new infections on Tuesday, according to city data, and several sources at Goldman told Reuters that teams had been told to return to working from home ahead of an all-office townhall call at 2 p.m. local time on Thursday.
"This hasn't come as a surprise given how coronavirus cases have been rising in the city, specifically in the area where the office is located," one employee said, asking not to be named. Goldman Chief Executive David Solomon has been among the most keen of major banking leaders on getting staff back to the office, telling employees on a global conference call earlier this month that he hopes to have them back by this summer.
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