SVB Financial Group Tells Employees To Work From Home Until Further Notice

Essential and branch employees are excluded from the request to work from home

Topics

Banking sector | finance sector

Reuters 



Photo: Bloomberg

Photo: Bloomberg

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SVB Financial Group told its employees in a memo on Friday that they should work from home until further notice.

"SVB is undergoing a series of conversations that have not been concluded yet to determine next steps for the company," the bank said in a memo seen by Reuters.

Essential and branch employees are excluded from the request to work from home, the memo added.

SVB did not immediately respond to a request for comment.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)


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First Published: Fri, March 10 2023. 21:42 IST


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