'Goldman Is Cracking Down on Employees That Aren't In Office Five Days A Week' - Bloomberg News
Portfolio Pulse from Happy Mohamed
Goldman Sachs Group Inc. is enforcing its policy of working from the office five days a week. While revenue-producing employees have mostly returned full time, senior managers are frustrated by the reluctance of staff in other groups, which constitute a significant part of its workforce.

August 22, 2023 | 6:57 pm
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NEGATIVE IMPACT
Goldman Sachs' enforcement of a five-day office work week could potentially lead to employee dissatisfaction and turnover, which may impact the company's operations and productivity in the short term.
The enforcement of a five-day office work week by Goldman Sachs could lead to dissatisfaction among employees, particularly those who prefer flexible work arrangements. This could potentially result in higher employee turnover, which may disrupt the company's operations and affect productivity in the short term. However, the long-term impact will depend on how the company manages this transition and whether it can retain and attract talent in a competitive labor market.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100