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Mayor Eric Adams urges Wall St’s big banks to force workers BACK to their desks


Get back to the office! NYC Mayor Eric Adams urges Wall St banks to force workers back to their desks and warns city’s small businesses will wither and die without workers’ custom

  • Adams, speaking with CNN Tuesday, said he was unhappy with many places like Goldmann Sachs and JP Morgan extending remote work into 2022 
  • ‘We have to open up,’ Adams said. ‘I need my city to open. And we have to be safe, we have to double down on vaccinations and booster shots’ 
  • Recently, Goldmann, JPMorgan, Citigroup and Jefferies have all changed their return-to-office plans due to the spread of the Omicron variant 
  • Some of them have told their workers to remain remote while JPMorgan and others made it optional 


New New York City Mayor Eric Adams publicly demanded Wall Street banks and other big-time Big Apple employers bring their workers back to the office to save the city’s small businesses. 

Adams, speaking with CNN‘s Brianna Keilar Tuesday, said he was unhappy with many places like Goldmann Sachs and JP Morgan beginning 2022 with remote work after return to office dates were pushed back by the COVID Omicron variant. 

‘We have to open up,’ Adams said. ‘I need my city to open. And we have to be safe, we have to double down on vaccinations and booster shots. We have to double down on testing. But we have to reshape our thinking of how do we live with Covid.’ 

Recently, Goldmann, JPMorgan, Citigroup and Jefferies have all changed their return-to-office plans due to the spread of the Omicron variant.  

New New York City Mayor Eric Adams (pictured) publicly demanded Wall Street banks and other big-time Big Apple employers bring their workers back to the office on CNN Tuesday

Recently, Goldmann, JPMorgan, Citigroup and Jefferies have all changed their return-to-office plans due to the spread of the Omicron variant

Recently, Goldmann, JPMorgan, Citigroup and Jefferies have all changed their return-to-office plans due to the spread of the Omicron variant

Some of the banks have told their workers to remain remote, while JPMorgan and others made it optional

Some of the banks have told their workers to remain remote, while JPMorgan and others made it optional

Some of them have told their workers to remain remote while JPMorgan and others made it optional.  

Wall Street has been pushing for workers to return to their desks as soon as possible.    

Adams believes that these policies could hurt surrounding businesses, many of them independently owned and staffed by low wage workers, who rely on Wall Street customers and business travelers for their income. 

‘We have low-skilled employees who can’t do remote employment from home, or telecommuting,’ Adams said. ‘It is time to open up, and feed our ecosystem, our financial ecosystem.’

Adams – a former police officer, state senator and most recently, Brooklyn’s Borough President – said that he understood the danger of Omicron despite this push.   

Adams - a former police officer, state senator and most recently, Brooklyn's Borough President - said that he understood the danger of Omicron despite this push

Adams – a former police officer, state senator and most recently, Brooklyn’s Borough President – said that he understood the danger of Omicron despite this push

'We must get open. Let me tell you why,' Adams said. 'That accountant from a bank that sits in an office, it's not only him. It feeds our financial ecosystem. He goes to the cleaners to get his suits cleaned. He goes to the restaurant'

‘We must get open. Let me tell you why,’ Adams said. ‘That accountant from a bank that sits in an office, it’s not only him. It feeds our financial ecosystem. He goes to the cleaners to get his suits cleaned. He goes to the restaurant’

‘I know how hard it is,’ Adams noted. ‘I was on the ground when Covid hit the city. I watched the morgues outside of hospitals. I watched family members dropping loved ones off to never see them again.’

The new mayor, who was sworn in just after midnight on January 1, did an interview Monday where he further explained what’s going on in talks with the big banks. 

‘We must get open. Let me tell you why,’ he said. ‘That accountant from a bank that sits in an office, it’s not only him. It feeds our financial ecosystem. He goes to the cleaners to get his suits cleaned. He goes to the restaurant. He brings in a business traveler, which is 70 percent of our hotel occupancy. He buys a hot dog on our streets, I hope a vegan hot dog, but he participates in the economy.’

The banks have all refrained from comment on Adams’ remarks. 

JPMorgan has insisted that they still plan to return employees to the office ‘no later’ than February 1.   

‘You can’t run New York City from home,’ Adams said. ‘We must have everyone participating in our financial system to allow the low-skilled and unskilled and … hourly employees to actually be part of our ecosystem.’  

‘Covid is a moving target. It’s a formidable opponent,’ he added. ‘But Covid doesn’t realize New Yorkers are a formidable opponent. We’re resilient.’

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