Goldman Irks Bankers With New Rules on Mobile Perks

  • Bank introduces new mobile data, voice reimbursement plan
  • Dealmakers are said to wince over latest cost-cutting measure

Goldman Sachs Group Inc.’s dealmakers endured job cuts and a tough bonus season. Then the penny pinchers turned to their beloved phones.

In a push to cut costs and shift employees from BlackBerry devices to personal mobile phones, the firm is imposing a new policy around the world for reimbursing data and calling expenses, according to an internal memo seen by Bloomberg.

Goldman Sachs will now chip in $10 for data charges on U.S. phone bills, 10 pounds in the U.K., 10 euros in Germany and HK$100 in Hong Kong, according to the memo. It also spells out conditions for reimbursing costs for phone calls. The changes began March 1 and take full effect in the coming months…

Goldman Irks Bankers With New Rules on Mobile Perks

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