Bosses at Goldman Sachs have been sending sympathy snack boxes to overworked junior London bankers in response to complaints over “inhumane” 100-hour weeks that have affected their physical and mental health. While some junior bankers said they appreciated the small gift, it pales in comparison with perks announced by rival lenders in the weeks following the Goldman leak. One staff member said Goldman should be doing more to recognise the gruelling demands placed on the lowest-ranking staff. Last week Goldman’s chair and CEO, David Solomon, addressed a leaked presentation by 13 aggrieved first-year bankers who claimed that 100-hour working weeks and abuse from co-workers had created “inhumane” working conditions for new hires. While the report originated in the US, recent testimony by UK staff suggests the issue is widespread and affecting staff overseas.

Source: The Guardian March 30, 2021 04:52 UTC