Posted on

Goldman Sachs Follows Wall Street Rivals in Asking Staff to Work From Home


Goldman Sachs told its U.S. employees on Sunday to work from home for the first two weeks of the year, joining Wall Street competitors that had already given similar instructions as coronavirus cases have surged.Employees who are able to work remotely should do so until Jan. 18 in response to rising infection rates, the investment bank said in an email to employees. The shift in policy came after the Wall Street firm announced new booster and testing requirements last week, but, unlike many of its peers, did not encourage staff to work from home. Goldman called most workers back to the office in June, and its chief executive, David M. Solomon, is a strong advocate of working in the office. The bank has 43,000 employees, many of whom are based in its M …

Read More