Skip to content
Sunday 16 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,750.11
-0.21%
DAX
26,440.31
+0.53%
CAC 40
8,636.80
-0.16%
STOXX 50
6,539.59
-0.09%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 23 August 2023 3:49 pm  |  Updated:  Wednesday 23 August 2023 4:07 pm

‘Don’t be a TWaT’: Goldman orders staff to ‘work in the office five days a week’

By: Morning Wire reporter

Add as a preferred source on Google
In a note published this morning, the US investment bank said "global inflation continues to plummet".
Goldman estimated that core inflation in the past three months stood at 2.2 per cent on an annual basis.

Goldman Sachs has reminded its employees to come into the office five days a week as banks continue the fight to get staff back into the office.

The Wall Street giant led the way in demanding that employees come back into work after the pandemic. Boss David Solomon has previously described homeworking as an aberration.

Bloomberg reported that while most of the revenue-generating staff at Goldman had returned to the office, staff in other segments have been less willing to come back.

“While there is flexibility when needed, we are simply reminding our employees of our existing policy,” human resources chief Jacqueline Arthur said.

“We have continued to encourage employees to work in the office five days a week.”

Other US banks have been trying to lure works back into the office, with JP Morgan asking its senior bankers around the world to work from the office five days a week. It told them they need to “lead by example”. 

In the City, Lloyd’s of London boss John Neal said workers needed to move away from working only on Tuesdays, Wednesdays and Thursdays. 

The term TWaT in reference to Tuesdays, Wednesdays and Thursdays workers was first coined by this newspaper.

Read more

Hargreaves Lansdown orders staff back to office

Hargreaves Lansdown financial services office exterior with company logo prominently displayed on modern building façade

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Banking

Related Topics

  • Goldman Sachs

Trending Articles

  • Grandparents fund university degrees to avoid inheritance tax net

  • Revolut chatbot goes rogue by charging users to cancel subscription

  • Brompton Bicycle sues former adviser for ‘professional negligence’

  • Revolut takes flight with launch of new airport lounges

  • As It Happened: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war

More from Morning Wire

  • Hargreaves Lansdown orders staff back to office

    Investing
    Hargreaves Lansdown financial services office exterior with company logo prominently displayed on modern building façade
  • Lloyd’s of London allows staff to work from home as heatwave hits the capital

    Business
    Lloyds of London building exterior showcasing iconic architecture in the financial district, highlighting business heritage
  • Nscale doubles London office space as UK staff grows sixfold

    AI
    2024 was a transformational year for GlobalData.
  • Goldman Sachs criticises £1.45m paternity payout

    Lawsuit
    Goldman Sach bosses said that US stocks were increasingly less preferable than those in the UK and Europe.
  • PwC joins the Canary Wharf crowd in major property shake-up

    Big Four
    PwC cuts roles and apprenticeship
  • Revealed: KPMG and Deloitte offer bumper redundancy packages to slash headcount

    Big Four
    Breaking news event showcasing a bustling city street scene with diverse pedestrians, modern buildings, and vibrant urban ...
  • Staff would turn down promotion to keep flexibility at work

    Retail
    Keir Starmer is heading to China
  • Neurodiversity, employment law and ‘reasonable adjustments’ – the new HR headache

    Law
    Four brown puppies playing on a green mat with pink toys and a paw-print blanket.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook