Money Never Sleeps

From soul-sapping hours to psychotic bosses, burnout culture is alive and unwell among junior workers in the City and beyond. But has a new generation finally had enough?

JACK BEAUMONT

What happens when the unstoppable force of today's change-hungry young corporate workers meets the immovable object of grindset culture? In US banking giant JP Morgan's case, an 80-week cap on the hours of junior bankers is being touted as an answer to the dizzying workloads being placed on young members of staff. The move suggests drastic new change is in the offing for the world of white-collar work, but how it all shakes out in the office remains to be seen. First reported in September after an internal communication was leaked, the measure will be the only one of its kind on Wall Street, Until now, banks have favoured less formal ‘systems’ that merely monitor the hours of staff, and which often go ignored or are purposely misrepresented (according to…

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Dazed & Confused (Digital) - 1 Issue, Winter 2024

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