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Mastercard to allow staff to work from home until virus fears subside

Byindianadmin

May 21, 2020 #fears, #subside
Mastercard to allow staff to work from home until virus fears subside

(Reuters) – Mastercard Inc (MA.N) will not ask employees to return to its worldwide corporate offices until they are comfortable that the sometimes fatal coronavirus is under control with vaccines or other measures, 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.”

While some Mastercard staff have you

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