Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Goldman Sachs employees in U.S., UK to return to office by summer

Published 05/04/2021, 08:02 AM
Updated 05/04/2021, 12:28 PM
© Reuters. FILE PHOTO: The Goldman Sachs company logo is seen in the company's space on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 17, 2018. REUTERS/Brendan McDermid

(Reuters) -Goldman Sachs Group Inc asked U.S.-based employees to return to working in the office by mid-June and in the United Kingdom to return by mid-July, according to a memo seen by Reuters.

"We know from experience that our culture of collaboration, innovation and apprenticeship thrives when our people come together," Goldman's Chief Executive David Solomon wrote in the memo, which was verified by a bank spokeswoman.

The New York-based investment bank has nearly 40,000 employees around the world. The return-to-office push gained momentum in March when Solomon said the bank has an obligation to its 5,400 interns, analysts and associates to have most employees working alongside each other in person.

Wells Fargo (NYSE:WFC) & Co said in March it would start bringing workers back to its offices after Labor Day, while JPMorgan Chase & Co (NYSE:JPM) said last week it was targeting workers' return to office on a rotational basis from July.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.