Wall Street’s most-coddled generation is in for a rude office-return awakening

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Wall Street’s most-coddled generation is in for a rude office-return awakening
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Wall Street execs used to brag that they slept in the office under their desk when big deals were on the line. Now the up-and-comers embrace something known as “quiet quitting” where doing the bare…

because someone had the temerity to order Chick-fil-A while working late on deal-making.

But times appear to be changing again. The boomers who run the Big Banks — Jamie Dimon at JP Morgan, James Gorman at Morgan Stanley and David Solomon at Goldman —, I am told, and will use the looming deal-making slowdown and recession to show the young’uns who’s boss. JP Morgan’s Dimon isn’t far off from making office work mandatory no matter how much the woke masses complain.‘No seat, no job’: Why Jamie Dimon is quietly clamping down on remote work at JPMorgan

Now that Wall Street is bracing for declining deal flow and probably layoffs later in the year, Solomon, Dimon and Gorman are flexing their management muscles and will likely continue to do so in ways that will annoy their pampered masses who will have increasingly less bargaining power to complain and force management to cave.Reportedly Wall Street heads are looking forward to cutting some of their staff.

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