Goldman Sachs reiterates office work policy

Share post:

Goldman Sachs has reiterated its policy that employees should work in the office five days a week.

“While there is flexibility when needed, we are simply reminding our employees of our existing policy,” said Jacqueline Arthur, Goldman Sachs’ global head of human capital management. “We have continued to encourage employees to work in the office five days a week.”

Bloomberg reported that while most of the revenue-generating staff at Goldman have returned to the office, staff in other segments have been less willing to come back.

The bank stated that it is open to some flexibility, but that it believes that working in the office is important for collaboration and culture.

Other U.S. banks have also been pushing for a return to the office. JPMorgan Chase has asked its senior bankers around the world to work from the office five days a week, and Lloyd’s of London has said that it wants its employees to move away from working only on Tuesdays, Wednesdays, and Thursdays.

The sources for this piece include an article in Cityam.

SUBSCRIBE NOW

Related articles

Costs from Global CrowdStrike Outage Could Exceed $1 Billion

The global tech outage caused by a faulty CrowdStrike update on Friday could result in damages exceeding $1...

Kaspersky to shut down its US business due to sanctions

Russian cybersecurity firm Kaspersky Lab announced it will cease its U.S. operations starting July 20, following sanctions from...

Intuit lays off 1,800 people amid a shift to AI

Intuit, the company behind QuickBooks, Credit Karma, and TurboTax, is laying off 1,800 employees, which is about 10%...

VMWare revenue drops by $600 million but Broadcom assures investors growth plan is on track

In its first full quarter under Broadcom's ownership, VMware's revenue fell by $600 million, dropping to $2.7 billion....

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways