Pimco Not Sweating “Isolated Issue With Insects”

The New York offices of Pimco, the massive asset manager run by Bill Gross, are being fumigated this week because of a bed bug infestation. “Our New York office is addressing an isolated issue with insects, and as a precautionary measure the firm is fumigating certain areas of the office space,” a spokesman said on Wednesday. “During this period, our employees are working remotely, and we expect to resume full on-premises staffing over the coming days.” Pimco’s New York offices, located in the Paramount Plaza on 1633 Broadway, are one of a dozen global locations. Pimco, a unit of Allianz SE, has its headquarters in Newport Beach, Calif. “This is an issue that is far from uncommon in New York City,” the spokesman said, regarding New York City’s battle with the epidemic of tiny blood-sucking insects. [Reuters, earlier]

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2 Responses to “Pimco Not Sweating “Isolated Issue With Insects””

  1. Narcissus Bellicose says:

    Those guys can always get jobs at New Logic.

  2. Colin says:

    The elite members of my society took a joint decision of calling the ‘Pest Control Pretoria’ company for making the space free from the infection causing insects and flies, and we thought they were amazing, so we are going to continue using their services in the future as well.