
Wall Street firm Jefferies returns to remote work and cancels social events after dozens of Covid cases
CNN
Dozens of Jefferies employees have tested positive for Covid-19, forcing the Wall Street firm to ask staff to work from home, stop virtually all travel and cancel social events.
"Our priority now is to best protect every one of you and your families," Jefferies (JEF) CEO Rich Handler and president Brian Friedman wrote in a memo to employees Wednesday.
The investment bank said that since the start of December, it has experienced nearly 40 new Covid cases. Tuesday alone saw 10 cases, causing nearly 50 employees to quarantine until they test negative.
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