
Goldman Sachs boss says he’ll try to get Saturdays off for exhausted 100-hour-a-week staff
The IndependentThe latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The CEO of Goldman Sachs David Solomon has said that he'll try to give junior bankers Saturdays off after complaints about their gruelling 100-hour-a-week schedule became public through a leaked PowerPoint presentation. Mr Solomon said in a voice memo on Sunday night that he'll try to “strengthen enforcement” of the “Saturday rule” that states that employees shouldn’t work between 9pm on Fridays to 9am on Sundays apart from during certain circumstances, The New York Post reported. According to a transcript of Mr Solomon’s comments provided to The Independent by Goldman Sachs, the CEO said: “When I was a part of the Investment Banking team, we created the Saturday rule. because we believed strongly that we have to help people find balance in an ever-connected world.” “In this case, it’s great that this group of analysts went to their management,” Mr Solomon said about the leaked presentation by bankers in their first year at the company.
History of this topic

Goldman Sachs to lay off hundreds of employees: Report
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Goldman Sachs is asking staff to return to the office five days a week
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