Citigroup Plans to Return 5% of U.S., Canada Staff in Early July

Citigroup Inc. has begun notifying 5% of its 64,000 U.S. and Canadian employees that they’ll be returning to the office on July 1 or 2, making it one of the first big banks to formally begin reopening after the worst of the coronavirus pandemic.

Some of the people affected are traders who work at Citigroup’s headquarters in Manhattan’s Tribeca neighborhood and others are operations staff in the consumer unit in Tampa and Jacksonville, Florida, according to a person with knowledge of the plan. In recent days, managers have been asking for volunteers while offering assurances that no one will be ...