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Goldman Sachs’ junior bankers rebel over ’18-hour shifts and low pay’

Younger staff in London follow revolt in US offices over remote-working conditions

The reputation of Goldman Sachs as the most desirable employer for aspiring investment bankers is at stake. Legendary for its pulling power with the best graduates, the bank is now facing a rebellion in its lower ranks.

Junior staff who used to tolerate long working hours thanks to office camaraderie have been forced to manage burnout at home, alone, throughout the pandemic. Some have started demanding change, while others are plotting their exit. What began as a little local trouble at a US office in February has now spread to the UK.

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