Fashion: Don’t Be Shy – You Can Wear A Suit Whenever You Want

In 2019, shortly before the pandemic would revolutionise the labour market with work-from-home arrangements, the top-brass at Goldman Sachs sent out a firm-wide email announcing a new dress code. In the memo, CEO Mr David Solomon recognised that modern workplaces are more casual and, in an effort to recruit young talent, the white-shoe investment bank was going to join the Silicon Valley crowd by allowing its 36,000 employees to shed their coats and ties for a more casual uniform. What was supposed to replace dark worsted suits and banker striped shirts was not clear. The company’s management simply suggested that employees “exercise good judgement.” Still, as one Goldman Sachs banker told GQ, “All the men are psyched.”

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