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Article: Suit up or ship out. (News).(dress codes)

Article from:
Australian Banking & Finance
Article date:
September 30, 2002
Copyright

NEW YORK: BEAR STEARNS CO wants employees to suit up or ship out.

Two years after adopting a casual dress code at the height of the dot-com boom, the sixth-largest US securities firm has reversed course and will require workers to don "formal business" attire, according to an e-mail sent to employees.

Several Wall Street firms are tightening belts on dress policies after loosening up to keep staff from bolting to Internet companies where staffers have been allowed to wear open-necked shirts and khaki pants.

Lehman Brothers Holdings Inc ordered employees to return to ...

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