AmEx CEO Says Most Employees Will Work Remotely For Rest Of Year

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American Express Chief Executive Officer Steve Squeri said a majority of the company’s employees will work remotely through the end of this year as it seeks to slow the spread of the coronavirus.

While the New York-based credit-card issuer wants to be prepared to have half of normal staffing at most locations by the end of the year, Squeri doesn’t expect it “to get anywhere near the 50% mark by the end of 2020,” he told employees in a video message Monday.

“We’ll be limiting the number of people in elevators and scheduling times for arrivals and departures,” Squeri said in the video. “And facial coverings will be required when you’re entering and moving about the building.”

The work environment will be completely different from the one employees left earlier this year, as the pandemic swelled in the U.S. and sparked widespread shelter-in-place orders across the country, Squeri said.

“If you can work from home and you do not want to come in, you do not have to come in,” he said. “In fact, if you can work from home effectively, you should plan on doing so for the rest of the year.”

(c) 2020, Bloomberg · Jenny Surane  

{Matzav.com}


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