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American Express Expressed Need For Employees To Work From Home For The Balance Of The Year

By John F. Heerdink, Jr.

As per reports, American Express Company (AXP) Chief Executive Officer, Steve Squeri expressed the need for its employees to work from home amid the COVID-19 pandemic, keeping in mind the safety of its employees.

“If you can work from home and you do not want to come in, you do not have to come in. In fact, if you can work from home effectively, you should plan on doing so for the rest of the year. The key here is that returning to the office will not happen all at once. We will open buildings on a location-by-location, floor-by-floor, and colleague-by-colleague basis, as each location and floor is different,” stated Chief Executive Officer Steve Squeri.

The company has 64,500 employees across the world, but its headquarters are in Manhattan, the U.S. epicenter of the pandemic. The company plans to implement adequate safety measures for those working in the office, like seating that ensures employees aren’t clustered together, no meetings or visitors be allowed in the building to ensure social distancing. Employees will be restricted to sit in the cafeteria and food will be delivered to the individual floors, air-conditioning systems, and cleaning protocols will be enhanced.

Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit payment card products and travel-related services. They look to enrich the lives of their customers and build business success. To learn more about American Express Company (AXP) and to continue to track its progress please visit the Vista Partners American Express Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: AmEx CEO Says Most Employees Will Work Remotely for the Year in Bloomberg)


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