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Goldman Sachs and JPMorgan pushed hard for a 5-day-a-week return to office. Why they’re now letting employees work from home

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Why This Matters

This shift by Goldman Sachs and JPMorgan highlights a growing recognition of the benefits of remote work within the financial industry, potentially influencing broader corporate policies. It signals a possible change in long-standing workplace norms, offering employees greater flexibility and impacting future workplace strategies in the tech and finance sectors alike.

Key Takeaways

The big banks are usually some of the biggest sticklers against remote work—just not this summer. Some of the biggest sticklers in the return-to-office movement have been big banks and investment firms, including Goldman Sachs and JPMorgan, which have, in large measure, required employees to work from the office five days a week. But not this summer.