SAN FRANCISCO – JULY 18: Pedestrians walk by the Citigroup Center July 18, 2008 in San Francisco, California. Citigroup, the nation’s largest banking company, reported a second quarter loss of $2.5 billion or 54 cents per share as the company struggles with continuing bank loan defaults. Citi earned $6.23 billion or $1.24 per share one year ago. (Photo by Justin Sullivan/Getty Images)

As the Covid-19 cases start increasing again, American banking group Citigroup is reportedly cutting office staffing in its New York-based offices.

One again, the lender is restricting in-person staffing and allowing only those employees that are required to work from office, Bloomberg reported.

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Earlier, the bank allowed as many as 30% of its employees to return to New York, New Jersey and Connecticut offices.

This directive is in place until the end of 2020.

Now, the bank again has less than 10% of staff working in the tri-state office, the report added citing a person.

Citigroup has strictly restricted restaffing offices in other US states during the pandemic.

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At an event that aired Friday on Bloomberg Television, Citigroup CEO Michael Corbat said: “We absolutely like to have our people in when we can have them in, but we are not going to put them at risk.”

Under the new guidance, the bank is allowing its business heads to decide which employees are required to work from office.

Additionally, those who are struggling to work from home are also allowed to come to office.

Citigroup has long said it will use local health data to decide if workers need to return to offices.

The Wall Street bank also limited its staffing in Hong Kong, where 70% of its employees are working from home.

Corbat added: “We have got to stay flexible and obviously we are going through a bit of resurgence in parts of the world right now. We have been in the phase of tapering back.”