• 0
  • Home
  • About Us
  • What We Do

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do

AmEx to employees: Don’t leave home…until Labor Day

(iStock/Illustration by Alexis Manrodt for The Real Deal)
(iStock/Illustration by Alexis Manrodt for The Real Deal)

It’ll be another winter, spring and summer at the home office for American Express employees in the U.S.

The financial services giant — whose longtime slogan was, “Don’t leave home without it” — told workers they can continue operating from home through Labor Day, according to Bloomberg.

CEO Stephen Squeri said the New York-based company would also help the city distribute Covid-19 vaccines to employees, although the company’s assistance has not yet been requested, the report noted.

AmEx, like many of New York’s large office tenants, sent most of its employees home last spring as the coronavirus took hold. Squeri said in a memo to employees that the early September return to the office timeline allows the company to monitor vaccine distribution and plan accordingly.

The exodus of workers has upended office markets, including in Manhattan, and frustrated landlords. New York leasing dropped dramatically last year and few office workers seemed willing to return to their buildings. Many large tenants in the city have not rushed people back, either.

Similar situations have been playing out in other major metros like Los Angeles, Miami and Chicago. [Bloomberg] — Alexi Friedman

The post AmEx to employees: Don’t leave home…until Labor Day appeared first on The Real Deal Los Angeles.

Powered by WPeMatico

  • 30 January 2021
  • The Real Deal
  • Uncategorized
  •  Like
“The Bachelor” creator really thought his Hawaii home was the one →← Beijing may have slowed housing bubble — for now
  • Recent Posts

    • Mayor Karen Bass blasts everyone but herself for wildfire mishandling May 7, 2025
    • WEA, Beverly Hills Estates cut deal on $27M Malibu Colony home May 7, 2025
    • Oil firm eyes homes, hotel near Bolsa Chica wetlands in Huntington Beach May 7, 2025
    • Bankrupt Rite Aid to market 1.3K stores, including dozens in LA County May 7, 2025
    • Carolwood flexes with new LA pocket listings portal, boasting $1B+ in inventory May 7, 2025
  • Recent Comments

    • Archives

      • May 2025
      • April 2025
      • March 2025
      • February 2025
      • January 2025
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      • July 2024
      • June 2024
      • May 2024
      • April 2024
      • March 2024
      • February 2024
      • January 2024
      • December 2023
      • February 2023
      • January 2023
      • December 2022
      • November 2022
      • October 2022
      • September 2022
      • August 2022
      • July 2022
      • June 2022
      • May 2022
      • April 2022
      • March 2022
      • February 2022
      • January 2022
      • December 2021
      • November 2021
      • October 2021
      • September 2021
      • August 2021
      • July 2021
      • June 2021
      • May 2021
      • April 2021
      • March 2021
      • February 2021
      • January 2021
      • December 2020
      • November 2020
      • October 2020
      • September 2020
      • August 2020
      • July 2020
      • June 2020
      • May 2020
      • April 2020
      • March 2020
      • February 2020
      • January 2020
      • December 2019
      • November 2019
      • October 2019
      • September 2019
      • August 2019
      • July 2019
      • June 2019
      • May 2019
      • April 2019
      • March 2019
      • February 2019
      • January 2019
      • December 2018
      • November 2018
      • October 2018
      • September 2018
      • August 2018
      • July 2018
      • June 2018
      • May 2018
      • April 2018
      • March 2018
      • February 2018
      • January 2018
      • December 2017
    • Global Property and Asset Mangement, Inc.
      137 North Larchmont
      Los Angeles, California 90010
      +1 213-427-1127

    © 2025 GPAM