Goldman Sachs tells its employees to relax, man.
That’s more or less the message that Goldman Sachs Group Inc., traditionally a suit-and-tie workplace, conveyed to its employees in an email Tuesday that eases the investment bank’s long-standing dress code.
“We believe this is the right time to move to a firmwide flexible dress code,” read the letter, which Bloomberg News published. Goldman GS, -0.64% was one of the few remaining holdouts from the casual-attire trend that has spread to workplaces across America in recent decades, though it did institute a more relaxed dress code for its tech division in 2017 — which still banned “short trousers” for men.While avoiding specifics, employees were asked to “please dress in a manner that is appropriate for the workplace. ...
Goldman’s move was seen as an acknowledgment of changing times and the preferences of a more youthful workforce. Reuters pointed out that more than 75% of Goldman workers are millennials or Gen Z–ers, all born after 1981. And really, the more relaxed atmosphere shouldn’t come as a big surprise: Goldman’s chief executive, David Solomon is, after all, a part-time electronic dance DJ also known as DJ D-Sol.
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