Goldman Sachs bans a strict work policy amid legal concerns
The banking giant has switched gears on a policy that has sparked controversy.
Goldman Sachs (GS) , the fifth-largest bank in the U.S., shook corporate America last month when it opted to take an unpopular stance on a work policy that has divided the nation.
While many companies, such as Walmart, Amazon, and Meta, have either cut or scaled back their diversity, equity, and inclusion programs amid consumer pressure and legal concerns about the policies, Goldman Sachs decided to defend its DEI initiatives.
