In a move to combat fatigue triggered by remote working during the Covid-19 pandemic, Citigroup has declared “Zoom-Free Fridays” and encouraged employees to limit calls outside work hours. While Wall Street is known for its tough work culture, the remote working during the pandemic has been particularly gruelling for most employees, taking enormous toll on their health and mental wellbeing. “It’s simply not sustainable.”Any internal meetings on Fridays would happen as audio-only calls, according to the memo. The CEO also encouraged employees to take their holidays, while the company announced a firm-wide holiday on May 28th. Last week, an internal survey at Goldman Sachs circulated online showed junior bankers were working an average of 95 hours a week.

Source: The Irish Times March 24, 2021 11:03 UTC