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Newsjock

(11,733 posts)
Thu Nov 7, 2013, 10:53 PM Nov 2013

Goldman Sachs orders staff to keep Saturday holy

Source: The Independent

Not many workers require a decree from their boss to keep them out of the office between Friday evening and Sunday morning. But Goldman Sachs has never been an entirely normal workplace.

The “vampire squid” bank – famous for offering graduates huge salaries to compensate for expecting them to work up to 100-hour weeks – has sent a 400-word edict to its Wall Street executives, announcing that the weekend is not for working.

It is, however, a Goldman weekend that bosses are announcing – one that lasts 36 hours, and stops on Sunday mornings. “All analysts and associates are required to be out of the office from 9pm on Friday until 9am on Sunday,” demands the leaked email, which says the new regime will begin this weekend.

... Some City analysts questioned whether the new Goldman rules were a response to the death of Moritz Erhardt, a 21-year-old Bank of America Merrill Lynch intern who died of an epileptic seizure in East London this summer, reportedly after pulling three straight all-nighters.

Read more: http://www.independent.co.uk/news/business/news/goldman-sachs-orders-staff-to-keep-saturday-holy-bank-famous-for-expecting-graduates-to-work-100hour-weeks-tells-staff-that-the-weekend-is-not-for-working-8927870.html

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Goldman Sachs orders staff to keep Saturday holy (Original Post) Newsjock Nov 2013 OP
I feel a little more financially secure, knowing that GS will not be SDjack Nov 2013 #1
lol Liberal_in_LA Nov 2013 #2
"The “vampire squid” bank" Behind the Aegis Nov 2013 #3
It'd be fine if it had been Sunday, instead of Saturday. Warren DeMontague Nov 2013 #4
Is that for Shabbat observances? Sheldon Cooper Nov 2013 #5
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