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Citadel, Blackstone Allow Remote Work Again as Omicron Rages

Citadel, Blackstone Inc. and Millennium Management are among asset managers telling staff this week that they may once again work remotely, at least for the next several weeks, in response to the latest spike of Covid cases.

- Citadel, Blackstone Inc., and Millennium Management are among investment firms asking their employees to work remotely now.  

- This decision came as a response to the latest spike in Covid cases as a result of the spread of the Omicron variant.

- Ken Griffin's Citadel was among the first to bring people back to the office, but now it isn't mandating employees to stay home. 

- Blackstone and Carlyle Group Inc. have told their employees to work from home for the remainder of the year. 

- Izzy Englander's Millennium told staff that they can work remotely till January. 

- While some companies are asking their employees to work remotely some others like D.E.Shaw and Two Sigma Investments are planning to delay their return to office plans.


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