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If you work in the investment banking division (IBD) of Goldman Sachs, you ll probably be very familiar with the concept of working days and evenings and maybe nights too. If you work in technology for Goldman Sachs, you should spend more time away from your desk, but the firm isn t taking that for granted.
Speaking at today s WeAreTechWomen conference, Amanda Creak, a Goldman managing director and head of EMEA technology risk, said she s leaning in and keeping a close eye on the hours her team work while they re at home. During the lockdown any concerns about productivity have gone out the window, said Creak. We just see people working harder and harder.
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Goldman Sachs faith in the office is so strong, it plans to open a new one in Birmingham later this year.
The banking giant s new outpost will initially be a technology hub.
But Goldmans expects other divisions to expand to the Midlands city later, with staff numbers eventually reaching several hundred .
As well as being a vote of confidence in Birmingham, the move underlines the bank s commitment to pre-Covid ways of working.
While many other institutions have begun offering flexible home-office hybrid working, Goldman s boss recently called home working an aberration .
David Solomon argued it did not suit the work culture at Goldman Sachs: “I do think for a business like ours, which is an innovative, collaborative, apprenticeship culture, this is not ideal for us.