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Will companies open back up after Labor Day? Business executives reveal their plans

A new poll by the Conference Board finds that over one-third of executives and managers don’t know when their companies will reopen.

Will companies open back up after Labor Day? Business executives reveal their plans
[Photo: bantersnaps/Unsplash]

Numerous U.S. businesses had planned to reopen their workplaces after Labor Day, but those plans appear to have fallen apart as uncertainty around the coronavirus pandemic remains.

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A new poll of C-suite executives by the Conference Board finds that over one-third of executives and managers don’t know when their companies will reopen. The rates of uncertainty are staggeringly high in some cities, approaching nearly half in Miami; Seattle; San Diego; Washington, D.C.; and San Francisco.

Of those on a return-to-the-office schedule:

  • 14% plan to open in September
  • 8% plan to reopen by the end of the year
  • 16% plan to open in Q1 of 2021

A mere 13% of companies have remained open throughout the pandemic. Notably, just 3% plan to remain remote permanently.

The survey reached 1,100 business people across 20 metropolitan regions. It also found that just 5% of executives are tying their workplace return timing to the availability of a vaccine. This “likely reflects concern about the viability of a vaccine” and about “the legal implications for any corporate mandate to get the vaccine as a condition for returning,” says the survey report.

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