NEW YORK – Bank of America Corp. (NYSE:), told New York-based workers on Monday that they might work from home over the holiday season. It is now the latest financial institution to alter plans due to the Omicron coronavirus spreading.

A source familiar with the matter said the bank will also provide COVID-19 test kits free of charge and booster shots at local clinics beginning in January.

Bloomberg News first reported that Bank of America had taken the steps. This was as financial companies try to adjust to recent coronavirus outbreaks. As the virus continues to spread, a number of financial companies have made adjustments in their plans. Citigroup Inc (NYSE:), Goldman Sachs Group Inc (NYSE:), Carlyle Group (NASDAQ:) Inc. Blackstone (NYSE 🙂 and MetLife(NYSE :).

In addition, JPMorgan Chase & Co (NYSE:) on Friday sent a memo to employees encouraging work teams to assess “on a more regular basis” who needs to come into the office and “who should revert to working from home.”

JPMorgan suggested to teams that they postpone events related to eating or drinking due the difficulties of wearing masks.

According to the World Health Organization’s (WHO), the Omicron virus spreads faster than the Delta version and causes infections in those who are already vaccinated.

New York City is experiencing a boom in tourist numbers. The number of COVID-19 new cases rose by 60% from the previous week.

Events have also been affected by the virus. Due to Omicron virus spread, the World Economic Forum (WEF), which was scheduled to take place in January and be held until mid-2022, had to postpone its annual Davos meeting.