Elevator Quandary Highlights Struggle to Get Big Banks Back to the Office

The transcript discusses the logistical challenges companies face in adapting office spaces for social distancing, such as managing elevators and common areas. It highlights the need for strategic planning to ensure employee safety, including rethinking office layouts and considering long-term remote work. Banks are using data-driven strategies to determine timelines for returning to the office, with a focus on local transmission rates. The approach varies across institutions, with a cautious and flexible strategy being common.

Discuss the potential long-term changes in office space usage as a result of the pandemic.

What does the phrase 'data and not dates' imply about Citigroup's strategy?