SAN FRANCISCO, California: Joining several banks that have announced return-to-work plans amid a decline in coronavirus infections in major financial hubs, Wells Fargo has said it is planning to call employees back to its U.S. offices starting September 7.
In an internal memo circulated to staff, chief operating officer Scott Powell said the bank will gradually begin bringing staff who have been working remotely back to their offices, depending on their job function and location, Reuters reported.
The process of returning to offices will continue until October, he added.
According to Powell, Wells Fargo employees in operations and contact centers will be asked to return on a rotational basis, which is expected to be temporary.
Employees will work from offices in rotations of days or weeks, and the rest of the time from home, he added.
According to the memo, the bank's technology employees will be asked to return to work in October, but most will enjoy more flexibility to work remotely.
The bank said at least 200,000 employees have been working from home, while another 60,000 have been reporting to offices during the COVID-19 pandemic.
It also said that Wells Fargo will begin asking staff to submit their vaccination status beginning July 19.