Goldman Sachs Readies June U.S. Office Return

Goldman Sachs Readies June U.S. Office Return

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Business

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Hard

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The transcript discusses the return-to-office plans of major banks like JP Morgan and Goldman Sachs. JP Morgan's CEO, Jamie Dimon, has mandated a return by July with a rotational schedule due to CDC guidelines. Goldman Sachs is expected to announce a similar plan for June. There are concerns about productivity at home, and both banks' executives have been working from the office throughout the pandemic. With increasing vaccination rates, these banks are ready to enforce stricter office return policies.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the previous stance of the bank executives regarding office occupancy before the recent changes?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes in policy are expected as vaccination rates increase?

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