Bank of America: All vaccinated workers to return to office after Labor Day

Bank of America: All vaccinated workers to return to office after Labor Day
© Greg Nash

The CEO of Bank of America on Thursday said the company’s “vision” is to have all vaccinated workers back in the office after Labor Day.

CEO Brian Moynihan, in an interview with Bloomberg TV, said more than 70,000 of the company's 210,000 employees have voluntarily reported their vaccine status to the company.

He added that Bank of America is already moving vaccinated employees back to the office.


“As more people get vaccinated, we keep bringing more back,” Moynihan said.

After vaccinated employees return to the office, Moynihan said the company will focus on making "provisions" for "other teammates" to come back.

“But the view is after Labor Day, our view is all the vaccinated teammates will be back and we’ll be able to operate fairly normally and we’ll then start to make provisions for the other teammates as we move through the fall,” he added.

Labor Day this year falls on Sept. 6.

Moynihan’s comments come three days after Morgan Stanley CEO James Gorman said he expected company employees to return to the office in New York as more people get vaccinated.

“If you can go to a restaurant in New York City, you can come into the office. And we want you in the office,” Gorman said Monday during an investing conference.


"If you want to get paid New York rates, you work in New York," Gorman added. "None of this 'I'm in Colorado ... and getting paid like I'm sitting in New York City.' Sorry. That doesn't work."

New York on Tuesday reached its goal of vaccinating 70 percent of the state's adult population. As a result, Gov. Andrew CuomoAndrew CuomoNew York bans underage marriages, raises age of consent to 18 Former speed skater launches bid for Stefanik seat Don't let the rule of law become a victim of COVID-19 MORE (D) said the state would be lifting its coronavirus restrictions.

The U.S. has administered more than 312 million COVID-19 vaccines, according to the Centers for Disease Control and Prevention. As of Thursday, 52.7 percent of the total U.S. population had received at least one dose.