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There are few places on the planet where you can still reliably find men who dress in well-fitting suits and hard-bottomed shoes. But the last remaining bastions were investment banks such as Goldman Sachs, which has built a reputation as a place where the masters (mostly men) of the universe wear the costumes of Giorgio Armani and the slackers of 700 dollars Gucci so ubiquitous on Wall Street that they earned the nickname "Deal Sleds". But today, Goldman Sachs has sent a memo to its employees to introduce a new, more casual dress code throughout the company. Bloomberg reports. Call it the new black Tuesday.
"Given our business philosophy and the changing nature of workplaces in favor of a more laid-back environment, we believe that the time has come to adopt a flexible dress code to the business." "Scale of the company," reads in the email sent by the management of Goldman Sachs. Granted, GS was already on track before today's announcement. GS's engineering team recently adopted the denim and t-shirt uniform from its neighbors in Silicon Valley. And a Goldman banker told GQ that the dress code had naturally relaxed over the years. "It probably will not change much but it's good," they say. "All men are excited."
Still, the memo puts an official marker on the end of an era. The stereotypical style of Wall Street has long been engraved in our mind, largely thanks to his most famous fictional depictions: Gordon Gekko and American PsychoPatrick Bateman, style icons in their own way The roots are deep: the style is so endemic to the prestigious banks that they are often referred to as white shoe companies because of Ivy Leaguers' favorite white-skinned shoes. in the 50s, who often became traders and bankers.
Goldman executives do not specifically write their expectations about the advancement of their employees' equipment, they leave it to their personal judgment. "We all know what's appropriate for the workplace," says the email. Of course, in 2016 American Psycho The author Bret Easton Ellis predicted that a modern day Bateman would run into Yeezy's hoodies. This may seem a little exaggerated – until you remember that David Solomon, who succeeded Goldman as CEO last summer, worked as a DJ as a DJ.
Watch:
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