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Wall Street’s Return-to-Office Hopes Dashed Again by Covid (1)

Jan. 3, 2022, 7:33 PM

Wall Street’s push to refill office towers across the country has been derailed again.

This time it’s the highly transmissible omicron variant of the Covid-19 virus that’s forced executives to rethink their plans. A record 10 million people were diagnosed with Covid-19 in the seven days through Sunday, almost twice the pandemic’s previous weekly high, though weekly deaths continued to drop.

“Realistically, we do not foresee us all having a safe opportunity to be together in our offices until at least Monday January 31,” Jefferies Financial Group Inc. Chief Executive Officer Richard Handler said in a memo on Instagram. “We ...