Banking professionals who work at Goldman Sachs and who have not yet made your Christmas party can no longer do so.
The investment bank has ordered the cancellation of all festive gatherings alluding to the season in view of the increase in cases of COVID-19 in New York, according to the Financial Times.
A major blow to investment banking workers who planned to close out a busy year (and burnout, just as they had in the also frenzied year 2020) with celebrations if not the same, at least similar to pre-pandemic ones, with food and alcohol to abound.
New York has reinstated restrictive measures to contain the contagion, such as the obligation to wear masks indoors due to the increase in cases of the Omicron variant, against which vaccines will not be as effective. The British newspaper reports that while Goldman wants to prevent workers’ parties, other investment banks like JP Morgan and Morgan Stanley are giving bankers more room to hold their own celebrations.
The results of the approach of leaving it up to people to hold gatherings has mixed results, such as Morgan Stanley’s two workers’ parties with different destinations: one, at an upscale New York restaurant, turned out to be a hit, the other, at a bar, was a flop, with less than half of the turnouts.
Others, like SkyBridge Capital, owned by Donald Trump’s former adviser Anthony Scaramucci, will be throwing an old-fashioned party next week, hosted by the fund itself, for all the professionals.
However, everything can suddenly change. That is, be so evident the danger that eventually cancel the planned events. According to the newspaper, investment banking professionals, like all workers, are used to last minute cancellations – and Christmas parties are not exempt from this expectation.