Goldman Sachs’ CEO demanded all employees return full-time to the office. Only half showed up

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Fighting a strong trend toward hybrid work, Goldman Sachs CEO David Solomon has repeatedly insisted that employees return to the office full-time, leaving no doubt that he views remote work as a temporary aberration.

But on the day the investment banking giant reopened its U.S. offices in February, after shutting down during the Omicron wave, just 50%, or about 5,000 of the building’s 10,000 workers, returned to its New York headquarters, despite receiving more than two weeks’ notice.

In early March, New York City Mayor Eric Adams, who has been on a dogged mission to bring office workers back to the city, hosted a town hall meeting for the bank’s employees. While the internal gathering was closed to press, Adams later told the media that Goldman had just a “couple of thousand employees” working in person—a far cry from a full return to the office.

Such a vertiginous drop…

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