Wednesday, August 4

“If you can go to a restaurant in New York you can go to the office”: the tough message from the head of the Morgan Stanley bank on remote work

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  • BBC News World

James Gorman

Image source, Getty Images


Gorman, Morgan Stanley’s chief executive, said he will not look favorably on employees who do not want to return to the office.

Currently it is one of the strongest topics of debate within companies in the United States. Should employees return to work en masse in the offices in the new stage of normalcy that is being sought as vaccination progresses?

“If you can go to a restaurant in New York, you can come to the office and we want you in the office.” That is the stark response that Morgan Stanley chief executive James Gorman offered on Monday.

During a financial services conference, Gorman said he had not yet started ordering employees back to the office, but that he believed he had sent a “very strong” message about his desire to have them flying at their desks.

He claimed that he would be “very disappointed” if the workers of that finance giant do not return to their jobs for Labor Day, which in the United States is celebrated on September 6. “Then, if not, we will have a very different kind of conversation,” he warned.

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