Arab Press

بالشعب و للشعب
Wednesday, Oct 01, 2025

Mastercard staff can work from home 'until ready'

Mastercard staff can work from home 'until ready'

Mastercard staff can continue working from home until they "feel comfortable" going to the office amid the pandemic.

The credit card firm employs about 20,000 people globally, with a "large percentage" now working from home.

Rather than forcing them back to offices, staff can make their own decision on timings, it said.

Twitter said last week it would allow staff to work from home "forever" as a growing number of firms rethink work arrangements.

"Today, a large percentage of our team is working remotely, even as most offices remain open," a Mastercard spokesman said.

"At the end of the day, our employees will make the decision on when they feel comfortable returning to an office. They know their personal circumstances and needs".

Tech giants Facebook and Google have also relaxed back-to-office policies and say they will let employees to continue working from home for the rest of the year.


Waiting for a vaccine


While about 90% of Mastercard's employees are working from home, this may go down once there is adequate testing and a vaccine is found, it said.

In an interview with the BBC's Asia Business Report, Mastercard's chief executive Ajay Banga said he thought that was still "some time away".

"I'm not planning on getting back to a pre-Covid growth scenario for another year. I think that could be sometime next year when a vaccine is readily available and readily distributed."


Future of work


Mastercard said it was also looking at consolidating some of its offices. It has created a "future of work" task force that is figuring out how best to handle employee needs and real estate amid the coronavirus crisis.

The company has its headquarters New York, but also has regional hubs in Dubai, Singapore and Brussels.

UK bank Barclays has also questioned the need for having thousands of its workers in big and expensive city offices. This "may be a thing of the past", its chief executive Jes Staley said last month.

About 70,000 of Barclays' staff worldwide are working from home due to coronavirus lockdown measures which has led to a rethink of the bank's long-term "location strategy", Mr Staley said.

Mastercard employees who work in its offices must now follow social distancing rules, wear face masks and undergo temperature checks.

"One day, I think probably aided by a vaccine, and the ability therefore for the workers and consumers to get the confidence they need, we can get back to thinking about a pre-Covid kind of growth stage," said Mr Banga. "I still think that's some time away."

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Archaeologists Recover Statues and Temples from 2,000-Year-Old Sunken City off Alexandria
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
Nvidia and Abu Dhabi’s TII Launch First AI-&-Robotics Lab in the Middle East
UK, Canada, and Australia Officially Recognise Palestine in Historic Shift
Dubai Property Boom Shows Strain as Flippers Get Buyer’s Remorse
JWST Data Brings TRAPPIST-1e Closer to Earth-Like Habitability
UAE-US Stargate Project Poised to Make Abu Dhabi a Global AI Powerhouse
Saudi Arabia cracks down on music ‘lounges’ after conservative backlash
Saudi Arabia Signs ‘Strategic Mutual Defence’ Pact with Pakistan, Marking First Arab State to Gain Indirect Access to Nuclear Strike Capabilities in the Region
Turkish car manufacturer Togg Enters German Market with 5-Star Electric Sedan and SUV to Challenge European EV Brands
World’s Longest Direct Flight China Eastern to Launch 29-Hour Shanghai–Buenos Aires Direct Flight via Auckland in December
New OpenAI Study Finds Majority of ChatGPT Use Is Personal, Not Professional
Kuwait opens bidding for construction of three cities to ease housing crunch.
Indian Student Engineers Propose “Project REBIRTH” to Protect Aircraft from Crashes Using AI, Airbags and Smart Materials
Could AI Nursing Robots Help Healthcare Staffing Shortages?
Turkish authorities seize leading broadcaster amid fraud and tax investigation
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Big Oil Slashes Jobs and Investments Amid Prolonged Low Crude Prices
Social Media Access Curtailed in Turkey After CHP Calls for Rallies Following Police Blockade of Istanbul Headquarters
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Tether Expands into Gold Sector with Profit-Driven Diversification
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
Israeli Airstrike in Yemen Kills Houthi Prime Minister
After the Shock of Defeat, Iranians Yearn for Change
YouTube Altered Content by Artificial Intelligence – Without Permission
Iran Faces Escalating Water Crisis as Protests Spread
More Than Half a Million Evacuated as Typhoon Kajiki Heads for Vietnam
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Trump Backs Putin’s Land-for-Peace Proposal Amid Kyiv’s Rejection
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
United States Sells Luxury Yacht Amadea, Valued at Approximately $325 Million, in First Sale of a Seized Russian Yacht Since the Invasion of Ukraine
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
×