Wall Street Wants Bankers Back in the Office. Especially Gen Zers.

The life of a 20-something Wall Street number cruncher has always been a grind, marked by marathon workweeks and menial tasks. Working from home made it worse. Now bank leaders want the newbies back in the office. While many companies are hailing the Covid work-from-home experiment as a success, top Wall Street firms such as Goldman Sachs Group and JPMorgan Chase aren’t so sure. They hope that being back in the office will cure the malaise that many of their junior bankers are feeling. Remote work “does not work for younger people,” JPMorgan CEO Jamie Dimon said at The Wall Street Journal’s CEO Council Summit in May. “It doesn’t work for those who want to hustle.”