Canadian employees, who had been asked to work remotely in December as infections resurged, will return to office on a hybrid basis.CHRIS HELGREN/Reuters
Canadian Imperial Bank of Commerce, the country’s fifth largest lender, said on Tuesday it plans to bring its local staff back to office starting March 21 as Omicron-related infections ebb.
The Canadian employees, who had been asked to work remotely in December as infections resurged, would return to office on a hybrid basis, Sandy Sharman, group head of people, culture and brand at CIBC, said in a memo seen by Reuters.
Meanwhile, the bank’s U.S.-based staff started to return on a voluntary basis on Jan. 28.
As the number of coronavirus cases sparked by the Omicron-variant subsides, Canadian provinces have begun relaxing restrictions on public gatherings.
About 7,000 new infections, nearly 17% of the peak reported in early January, are reported on average each day in Canada, according to data compiled by Reuters.
Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening. Sign up today.