Today news
About the same in other media
Morgan Stanley CEO says he was wrong on return-to-office push: 'Everybody's still finding their way'
Reading now: 110
cnbc.comIn this article
Morgan Stanley CEO James Gorman walked back an edict that employees should be back at the office by now and issued a new forecast for how long companies would delay the return.
«I was wrong on this,» he told CNBC's Wilfred Frost Monday on «Closing Bell.» «I thought we would have been out of it past Labor Day and we're not.»
In June, Gorman told conference attendees that he would be "very disappointed" if his workers hadn't returned to Morgan Stanley buildings by Labor Day. Those plans, widely covered by the media, were derailed in part by the discovery of the new omicron variant of Covid. Companies from Lyft to Ford have had to delay and reassess return to office plans in recent weeks.
«I think we'll still be in it through
Read more on cnbc.comAbout this in other media
Stocks making the biggest moves midday: Adobe, Airbnb, AT&T, Robinhood, Novartis and more cnbc.com /2 years ago
SEC pushes for tighter rules on insider trading with 120-day delay before execs can sell stock fnlondon.com /2 years ago
UK cinemas brace for ‘biggest Wednesday’ as Spider-Man: No Way Home hits screens theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
