Goldman Sachs employees received a voicemail announcement instructing them not to organize private Christmas parties for the firm's employees even at their own homes, a person familiar with the matter said.
The firm has canceled its annual holiday party, just as it did last year. It also instructed the smaller business units that they should not organize their own smaller parties, which had been a long tradition at the firm. The parties are banned even if no firm money goes to pay for them.
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