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  • Tue. Nov 5th, 2024

Mastercard to allow staff to work from home until COVID-19 vaccine hits market: executive

Mastercard to allow staff to work from home until COVID-19 vaccine hits market: executive

(Reuters) – Mastercard Inc will not ask staff to return to its worldwide corporate offices until a vaccine is available for the sometimes fatal coronavirus that has infected the globe, a senior executive told Reuters on Wednesday.

FILE PHOTO: A Mastercard logo is seen on a credit card in this picture illustration August 30, 2017. REUTERS/Thomas White/Illustration/File Photo

The world’s second-largest payment processor is also looking at its real-estate footprint and considering consolidating offices, Chief People Officer Michael Fraccaro said.

“We expect in the coming weeks and months that more employees will continue to work from home than come into office,” he said. “And we are OK with that. We support that choice.

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