Surging Covid-19 infections and winter storms stalled America’s return to work on Monday, stranding airline passengers and leaving many offices, trading floors, schools and colleges empty after the Christmas and New Year break.
The seven-day rolling average of new US Covid cases approached a record 400,000 on Sunday, according to the Financial Times data tracker. That was double its rate from a week earlier and far above previous peaks, forcing employers to rethink their return-to-office plans yet again.
The rapid spread of the highly transmissible Omicron variant prompted several Wall Street banks, which have been among the biggest champions of returning to the office, to backtrack on those plans.
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