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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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Current price of oil as of June 23, 2026

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Current price of oil as of June 23, 2026
RetailWalmart

Walmart cuts paid leave in half for employees who have COVID-19

By
Ella Ceron
Ella Ceron
,
Brendan Case
Brendan Case
, and
Bloomberg
Bloomberg
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By
Ella Ceron
Ella Ceron
,
Brendan Case
Brendan Case
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
January 6, 2022, 3:13 PM ET
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Walmart Inc. is cutting paid leave in half for workers who test positive for COVID-19 or have to quarantine after exposure to the virus, offering only one week through March 31 rather than two.

Employees who catch COVID and are unable to return to work after a week may be eligible for pay replacement for as long as 26 weeks, a company spokeswoman said. The reduction in paid leave was reported earlier by Reuters.

The change is “in alignment” with current guidance from the U.S. Centers for Disease Control and Prevention, Walmart said in a memo to employees dated Jan. 4. The CDC in December reduced its recommended quarantine and isolation periods in most cases to five days from 10 days. The new recommendation hinges on whether people exhibit symptoms after that five-day period. The CDC also issued new recommendations that people who have received a COVID-19 vaccine booster and are exposed to the virus do not need to quarantine if they wear well-fitting masks and do not show symptoms.

Already, there has been pushback on the new CDC guidance by workers and their advocates. In a statement issued on Dec. 28, President of the Association of Flight Attendants-CWA International Sara Nelson expressed concerns that the shortened guidance may result in employees returning to work before they are completely recovered, or otherwise being pressured to do so by employers. 

According to the U.S. Bureau of Labor Statistics, 75% of private industry workers have access to paid sick leave. Only 3% of workers with access to paid sick leave have an unlimited number of days at their disposal. The average paid sick leave allowance is eight days. 

A January 2021 survey found that the pandemic has influenced business sentiment toward federal paid leave, with 75% of U.S. and U.K. respondents saying they support the idea of a government plan for future health crises. Over 190 companies co-signed a memo in March 2021 asking congressional leaders to pass federal paid family and medical leave policies.

Walmart, the largest private-sector employer in the U.S., with about 1.6 million workers, also reiterated that employees who become fully vaccinated can receive a $150 payment for doing so. The incentive is available through Jan. 31.

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