JP Morgan asks senior trading-floor managers to come into office by September 21

JPMorgan Chase & Co. executives directed their senior trading-floor managers to return to the office by call on Wednesday, September 21, a person familiar with the plans told Hill.

Officials at one of Wall Street’s biggest companies told senior managers of the sales and trading operation that they were to be back in office by September 21, although many have already returned, the person said.

High-risk managers contracting COVID-19, live with a person who is high-risk or experiencing child care or school issues, still allowed to work from home after the deadline will be given. The company also has plans to monitor the status of each city and location and adjust accordingly.

The Wall Street Journal was the first to report Deadline to return to office on Thursday.

According to the newspaper, Troy Rohrbaugh and Mark Badrikhani, the bank’s global head of sales and trading heads, informed senior managers in a phone call.

Rohrbaugh and Badrikhani reportedly told managers that workplace cohesion would be at risk if they did not return to the person’s job and warned that training for new employees would not be enough, people familiar with the matter told the Journal.

According to the newspaper, JP Morgan, about the person’s return to work, was inspired to implement the necessary training for employees, including animated figures through masks, washing wearers and practicing new procedures for hand washing Were told about.

JPMorgan workers were dispatched to work from home in March, with most in New York City, the first major epicenter for the coronavirus epidemic in the country. In mid-March, more than a dozen JPMorgan employees on the fifth floor of its building fell ill while employees were still in office.

After the city reopened, many returned to in-person work in June, but no orders were issued to return.

Wall Street has overall accommodated many hiccups, despite working remotely on the physical trading floor and without the necessary technology, the Journal noted.

The New York Times classifies New York State as an area where cases of coronovirus are now “living fewer and fewer.”