I work for a mid sized money manager in Manhattan. Among recent travel developments here:
1.) All travel must be business critical and be pre-approved by a managing director. Pre-approval used to be at the VP level.
2.) They are reminding everyone to adhere to a policy that has actually been in place for some time wherein no more than 2 officers may be on the same flight. If 3 or more officers are traveling, even if working on the same project/deal, then we have to split up.
I see #1 as a cost cutting move, and #2 are business continuity planning.
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Who is John Galt?
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