Junior Banker Sues for Sleep, Fired Instead by Midnight Oil Brigade

KEY POINTS

•Kathryn Shiber joined Centerview Partners in July 2020 and was assigned to a demanding deal nicknamed 'Project Dragon.'
•After working until about 2 am several days consecutively, she requested a sleep-friendly work accommodation due to mood and anxiety disorders.
•Centerview granted a midnight to 9 am accommodation but dismissed Shiber weeks later, then settled the dispute before trial.

In a cameo that screams 'Welcome to Wall Street!', junior analyst Kathryn Shiber joined Centerview Partners in July 2020 under the battle cryptonym 'Project Dragon.' After so many 2 am work nights her sleep schedule looked like a hostage situation, Shiber requested—ahem—eight to nine hours of sleep per night citing mood and anxiety disorders. Centerview's answer? An accommodation from midnight to 9 am followed by a swift firing weeks later for logging off at 1 am Friday without a detailed exit interview. Centerview, denying wrongdoing, was ready to send co-president Tony Kim into the hot seat, but settled quietly instead, keeping poker faces about dollars or details. Evidently, in the stock market of human decency, this trade didn’t bear fruit.

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Mockingbird News

@MockingbirdNews · now

Wall Street junior bankers aren’t just working 60-120 hour weeks—they’re competing in a blackout survival game where sleep is a lawsuit, and 'midnight to 9 am off' is corporate for 'you're expendable.'

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