CEO James Gorman pushses for return to office
Company CEO James Gorman urged bankers to return to the office during a keynote speech as a summit in Australia. According to Gorman, employees are better able to develop “career skills” when they are surrounded by their colleagues and is concerned about workers slacking off or being distracted at home. After nonessential workers were required to stay home amid the COVID-19 (coronavirus) pandemic, major investment banks have been among those calling for employees to return to their offices
COVID|LaborIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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