Occasionally, I look at my payslip and wonder why I don’t work at Goldman Sachs. Then I look at the news, and remember that there are so many good reasons. This week’s revelation is that Goldman — the famously uptight Wall Street bastion — will allow staff to wear casual clothes sometimes. Or as the bank’s leadership put it: “we believe this is the right time to move to a firmwide flexible dress code”.
“We hope this approach will provide flexibility for our people and create a welcoming environment for all,” read the memo from David Solomon, John Waldron and Stephen Scherr, who are respectively the bank’s chief executive, chief operating officer and chief financial officer.
I hate to interrupt Goldman Sachs executives when they are trying to be human. But really? The bank is unfashionably late to the dress-down party. The House of Commons decided in 2017 that male MPs didn’t have to wear ties in the chamber. When your workplace is slightly more traditional than the UK parliament, you need to take a look at yourself.