Goldman Sachs | CEO says remote working is 'not the new normal'

The CEO of a large investment bank has rejected remote working ‘as the new normal’ and instead branded it an “aberration” – the BBC reported.

David Solomon, who heads up Goldman Sachs, said that the bank had operated throughout 2020 with fewer than ten per cent of staff in the office. He suggested that this way of working does not suit the culture at the banking giant in the long run.

‘It’s not a new normal’

Speaking to a conference on Wednesday, Solomon said: “I do think for a business like ours, which is an innovative, collaborative apprenticeship culture, this is not ideal for us. And it’s not a new normal. It’s an aberration that we’re going to correct as soon as possible.”