Barclays has instructed its staff in the US and the UK to continue working from home at least until 15 June 2020, Yahoo Finance has reported.

The move is in line with the bank’s strategy to help keep its staff safe amidst the coronavirus pandemic.

The UK government also urged workers to continue working from home until further notice.

In an official briefing document, the government said: “Workers should continue to work from home rather than their normal physical workplace, wherever possible.”

In a memo to its employees, the bank said that it was planning for phased return to the office that would be gradually and carefully implemented.

Barclays also noted that a small percentage of staff in the US, UK, and India may return to their offices from 15 June 2020, if the government guidance allows it.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Reopening the offices would involve working out childcare and transport arrangements for employees, the bank added.

The bank believes that the return to work strategy will limit the number of people who could be in the office at any one time.

In Hong Kong, Barclays already allowed 60% of its staff to return to their office, following HSBC and Goldman Sachs.

Last week, Deutsche Bank also reopened 80 branches in Germany as it believed that the virus spread in the country has peaked.