Goldman sends Indian employees back home as local COVID-19 cases rise

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Goldman Sachs told all but critical staff at its operation in Indian IT capital Bengaluru to return to working from home on Wednesday, reversing ...

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BENGALURU: 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.

In March so far, nearly 14,000 new cases have been reported, more than twice the number recorded in February. "There's no word on how long the work-from-home will continue but my guess is that we won't be returning to office for the next three to four months."The Bengaluru office seats about 7,000 employees - the bulk of its Indian workforce - who are involved in a variety of functions including technology, finance and human resources, while also providing support for business lines such as trading and the consumer banking business, Marcus.

Asked about the Indian moves, a spokesman for the bank in New York said:"We continue to work on plans to return our people to office safely, and those plans will vary division by division, country by country, city by city.

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