August 24, 2023

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.