Remote Banking Crisis

In 2021, banks tried to kill remote work. Goldman Sachs’s David Solomon called it “an aberration that we are going to correct as quickly as possible.” JP Morgan’s Jamie Dimon declared he’s canceling all his Zoom meetings and expected the office to “look just like it did before” by October (2021).

In 2023, remote work is threatening to kill banks. Days after the collapse of Silicon Valley Bank, some media reports suggested remote work was to blame. The Financial Times reported:

 
When Silicon Valley Bank imploded last week, most of its 8,500 staff were still working remotely…  Integrating the businesses and pushing into new lines of work such as underwriting tech listings while the bank was working almost entirely remotely caused problems, according to people involved in the acquisitions.

 
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Πηγή: drorpoleg.com

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