Sergio Flores for The Texas Tribune
A woman receives a bandage after getting her injection at a 24-hour vaccination event in Austin.
The CEO of JP Morgan Chase has put a stake in the ground on Covid vaccines for staff in New York.
“To go to the office you have to be vaxxed and if you aren’t going to get vaxxed you won’t be able to work in that office,” Dimon said Monday in an interview on CNBC. “And we’re not going to pay you not to work in the office.”
The warning comes after the lender implemented a vaccine mandate at nine Manhattan office buildings last month. Dimon said that 97% of the firm’s employees in New York are already vaccinated.
Citigroup said last week that staff in the U.S. must be vaccinated by Jan. 14 or be placed on unpaid leave and fired at the end of the month.
Rival Citigroup Inc. is threatening unvaccinated employees with termination as soon as this month, according to memo uncovered by Reuters.
JP Morgan Chase is instead adjusting its vaccine strategies locally on the varying circumstances across the geographies where the biggest U.S. bank operates.
“Unlike any other policy we’ve ever had, we’re not trying to be consistent,” Dimon said. “There are different laws and different requirements in cities and states and schools, and so here we’re adjusting locally.”