Court to Decide: Can Banks Fire Workers for Needing Sleep?
What Happened Centerview Partners, a major investment banking firm, fired a junior analyst after the employee demanded a minimum of eight hours of sleep per night. The dismissal has now escalated to a jury trial, where 12 jurors will determine whether the bank’s action constituted wrongful termination. The case represents a rare legal challenge to the investment banking industry’s well-documented culture of punishing work schedules. Junior analysts at top-tier firms routinely work 80-100 hour weeks, often pulling all-nighters to meet client deadlines and deal requirements.
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