BLOOMBERG | Markets Big Banks Plan Staffing Limits, Shift to Suburbs After Lockdown [video]

By Michelle F Davis, Viren Vaghela, and Natalie Wong

May 20, 2020, 6:35 PM GMT+1

Source: Bloomberg

Wall Street in the post-lockdown era is starting to take shape. Big banks are preparing offices meant for thousands to house a fraction of that number, with some of those displaced employees relocating to suburban outposts and some working from home indefinitely.

• JPMorgan is clearing personal belongings off workers’ desks

• Citigroup may move some to offices in New York City suburbs