Unvaccinated Morgan Stanley staff to be barred from offices, company begins vaccination requirement

The Morgan Stanley banking company will prohibit unvaccinated employees or guests from entering its New York City office building, according to a newly obtained memo by the Financial Times. 

The policy will go into effect next month and require all individuals to attest that they are vaccinated or they will lose access to the building and have to continue to work remotely. The financial company has already designated some areas only for the vaccinated.

"Starting July 12 all employees, contingent workforce, clients and visitors will be required to attest to being fully vaccinated to access Morgan Stanley buildings in New York City and Westchester," chief human resources officer Mandell Crawley said.

Crawley also said "The overwhelming majority of staff" has reported being vaccinated. Inside the office, masks and distancing will no longer be required as executives are pushing for a full transition back into the office. 

Chief Executive James Gorman warned staff last week that if they do not return to the office by Labor Day, they will face a pay cut.