Friday’s memo served as an update for the U.S. bank with the largest workforce. Wells Fargo last month said it would confidentially survey its U.S. employees over their vaccination status — Powell asked that workers respond by June 16 — but that answers will not be shared with respondents’ managers, and that the bank will not use the data on a person-by-person basis but rather as analysis of trends across job types, regions and business groups.
Employees don’t have to be vaccinated to return to the office, Powell said — a move that separates Wells from banks such as Morgan Stanley. But unvaccinated workers can’t use that status as a crutch to lobby for more remote-work time, Powell added.
