According to a source close to the company, Morgan Stanley said in a memo to its employees in the New York metropolitan area that all staff working in buildings with a “large employee presence” are required to confirm their vaccination status by July 1.
The company plans to expand the vaccination mandate to employees and guests in other Morgan Stanley locations in New York City and nearby Westchester starting July 12.
“Operating within a fully vaccinated environment allows us to lift restrictions like the use of face coverings and the need to maintain physical distancing, returning to more normal office conditions,” the source added.
“If you can go to a restaurant in New York City, you can come into the office. And we want you in the office,” Gorman said. He also warned he would be “very disappointed” if workers aren’t back by Labor Day. And if they’re not, then “we’ll have a different kind of conversation,” he said.
Gorman added at the time that more than 90% of its workers have said they have already received the vaccine and that he expects this number to eventually hit 98% to 99%.
He did note some employees may choose to not get vaccinated for health or religious reasons, adding that the company will deal with these situations on a case-by-case basis.