Investment bank Goldman Sachs announced Tuesday that it wants its U.S. and U.K. employees to return to the office this summer. The news comes as many U.S. companies have weighed social-distancing restraints as more Americans get vaccinated.
“In the U.S., we ask those who have not yet done so to make plans to be in a position to return to the office by Monday, June 14,” Goldman CEO David Solomon stated in a message obtained by CNBC. Its U.K. employees have been asked to return by June 21.
Each banking team will have specific instructions when returning to work.
“While each community is at a different stage of managing through the pandemic, we continue to be encouraged by the rollout of vaccines in a number of jurisdictions, as well as by the effectiveness of the health and safety protocols we have put in place across Goldman Sachs campuses to protect our people,” the executives wrote.
Goldman Sachs is the first Wall Street bank to open its doors back up to employees. JPMorgan Chase has also announced an employee return this summer but not until July.
“We know from experience that our culture of collaboration, innovation and apprenticeship thrives when our people come together, and we look forward to having more of our colleagues back in the office so that they can experience that once again on a regular basis,” Goldman Sachs executives wrote in a statement.
Goldman Sachs CEO David Michael Solomon pointed to a strenthening US economy, but cautioned that inflation remains a risk Photo: AFP / Olivier Douliery
