Banking Culture Crisis
A tragic incident involving a young banker highlights the severe pressures within the investment banking industry, raising urgent questions about work culture and employee well-being. The discussion emphasizes that organizations themselves are not to blame; rather, it's the individuals in leadership roles who must recognize and address the toxic work environment. Advocating for change requires collective action from junior bankers to push for a healthier workplace.In this clip
From this podcast
The Prof G Pod with Scott Galloway
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Related Questions
I am starting a job in investment banking that requires me to work 80-100 unpredictable hours a week. Do you have any advice on how to manage my sleep in such a demanding schedule?
What about the myth that people can sleep very little during the week and catch up on weekends, as discussed in the episode Why You Shouldn't Be A Slave to a 40 Hour Work Week | My First Million #212 and the clip Rethinking Work Hours? Is it correct to use the analogy that "Sleep doesn't work like a bank account. Consistency is key," to say that catching up on sleep isn't possible or limited?
Investment banking is a very stressful job that requires one to work upwards of 100 hours a week, often in the middle of the night, and sometimes multiple days without sleep.