Apple delays return to the office as COVID cases climb - Bloomberg

Jul. 20, 2021 4:54 AM ETApple Inc. (AAPL)AAPLBy: Kim Khan, SA News Editor49 Comments

Apple store in Bangkok
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  • Apple (NASDAQ:AAPL) employees will continue to work from home for at least a month more than originally planned, Bloomberg reports, citing people familiar with the matter.
  • A rise in COVID Delta variant cases globally results in a rethink of the work-from-home policy.
  • CEO Tim Cook was looking for employees to return to the office for three days a week in September.
  • Employees will be given a month's notice as to when they will have to return, Bloomberg says.
  • Shares of Apple are up 0.5% in premarket trading.
  • Concerns about the rise in cases have hit financial markets, with bond yields falling and cash moving from travel stocks to former pandemic favorites.

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