Investment bank Jefferies cancels all business travel as COVID surges

Jefferies Financial Group has alerted employees to cancel all work-related travel plans as the Omicron variant continues to spread, The Post has learned.

The New York-based boutique investment bank — headed by chief executive Richard Handler — had encouraged employees to cancel most travel last month, but had not gone so far as to mandate it, according to sources close to the bank.

Last month, Jefferies was the first major Wall Street bank to reimpose a mask mandate, send employees home and cancel holiday parties amid a resurgence of COVID-19 cases.

At the time, Handler said in a leaked memo