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Goldman Sachs delays plans for bringing UK staff back to office

Goldman Sachs delays plans for bringing UK staff back to office

American multinational investment bank and financial services company, Goldman Sachs, has reportedly delayed plans for bringing its UK staff back into the office. The announcement comes after the UK government extended COVID-19 restrictions to 19th July 2021.

The bank had earlier informed the staff to be ready for return to the workplace in the month of June. However, late on Tuesday, 15th June 2021, it confirmed the alteration in a note to workers.

For the record, NatWest stated that its plans for “priority workers” to return to work on 21st June were also under review. The company’s new working model could see merely 13% of the staff in the office full-time.

As per sources, banks appear to have split opinions over whether employees should come back full time to the office or work from home for few or all days of the week.

As per Alison Rose, the Chief Executive of NatWest, leaders would be holding conversations with employees through the summer regarding which category they fall into. Rose earlier told her opinion to the staff, saying that the myth that jobs are required to be done in a certain way has been busted. She further stated that the company has learnt new ways of working and it is important that those learnings should be carried forward.

Richard Gnodde, the International Chief Executive of Goldman Sachs, told the staff that its office in London stayed available and open in line with the guidelines of the government. Gnodde stated that, as per anonymized data from the company’s recent vaccination survey, the majority of its people have either had their initial dose or expect to have it prior to Monday, 21st June 2021.

However, as confirmed by a spokesman, the bank now planned to get all its employees back in the office after 19th July 2021.

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Sunil Jha

Sunil Jha has been a part of the content industry for close to two years. Having previously worked as a voice over artist and sportswriter, he now focuses on writing articles for, across a slew of topics, ranging from technology to trade and finance. With a business-oriented educational background, Sunil brings forth the expertise of deep-dive research and a strategic approach in his write ups.