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Goldman Sachs drops COVID vaccine requirement in NYC office

Yahoo Finance’s Anjalee Khemlani joins the Live show to discuss Goldman Sachs lifting its COVID vaccine requirement for its NYC employees.

Video Transcript

[AUDIO LOGO]

BRAD SMITH: Welcome back, everyone. Goldman Sachs is dropping its requirements that New York City-based employees be vaccinated. This is according to a memo acquired by CNN. Joining us now to explain this further is Yahoo Finance's Anjalee Khemlani. Anjalee, what do we know about this policy, this update, and if it's time for companies to be doing this too?

ANJALEE KHEMLANI: Well, I don't think it's time for companies to, meaning that we're getting into that time of year where respiratory viruses are coming back. And so it's really the time to be safe. So Goldman Sachs saying that as for its New York office starting November 1, vaccination policy goes away.

This is something that the company has already implemented across the country. They had many of their offices already coming back without that vaccine mandate. So if this is how companies are going-- and it does seem like, you know, especially after the president's comments this past weekend, it seems like all the things are falling into place to kind of continue that trend.

We also know, for example the MTA here in New York, right, removed the mask mandate on trains and subways and everything else. So it seems like, really, the country's doing this at a time where we're most at risk, is what public health experts are saying. So really is going to be an issue of waiting to see what the fallout is, if any.

JULIE HYMAN: Yeah. Most at risk from a seasonal perspective, you're saying--

ANJALEE KHEMLANI: Correct.

JULIE HYMAN: --because we're heading into the time of the year when, if we are going to see a resurgence, it's going to be now.

ANJALEE KHEMLANI: And there's a new variant on the horizon so.

JULIE HYMAN: What's this one called? Does it have a name yet?

ANJALEE KHEMLANI: BF.7, I think. Something-- something with B and 7's and--

JULIE HYMAN: Whatever the case, it's no fun. All right. Thank you very much, Anjalee.