Most of the U.S. and U.K. staff of the credit card issuer will have the choice to work remotely on Mondays and Fridays starting October, AmEx Chief Executive Officer Stephen Squeri said in an internal memo.
AmEx will begin bringing back employees to the office starting Sept. 13, with an aim to fully adopt the hybrid model in the week of Oct. 4. The final decision will, however, depend on local conditions and health authority guidance, the memo said.
The first three weeks will be a “transition period” to allow employees to “get used to” going to office. Occupancy will be restricted to 50 per cent and most of the staff will work in the office only two days a week during the period, the memo said.
AmEx employees who worked full-time from home before the pandemic hit will continue to do so, while those who cannot “perform their jobs effectively” from home will be required to go to office daily, the memo added.
The New York-based company’s plans were first reported by Bloomberg News.
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