Some New York-based money managers are making contingency plans for a possible city transit strike starting Sunday. UBS Global Asset Management, with 350 employees in its Manhattan office, identified vital employees who have to be in the office, said spokesman Greg Fedorinchik. Arrangements are being made to get those employees to work, and they will stay in Manhattan hotels during the strike. Mr. Fedorinchik said other employees will work from their homes.
Weiss Peck & Greer spokeswoman Pamela Cantor said the firm has provided information to employees about alternate transportation but has not booked hotel rooms. Goldman Sachs Asset Management will have buses at selected sites in Manhattan and Brooklyn to take employees to its headquarters, according to spokeswoman Andrea Raphael. The firm is also making sure employees know about alternate transportation services. She said hotel rooms may be reserved for some employees.
