Serious concerns have been raised tonight about the punishing hours endured by interns at City investment banks following the death of a young Bank of America Merrill Lynch employee.
Moritz Erhardt, 21, was nearing the end of a seven-week internship in London when he collapsed at home after working until 6am for three days in a row.
It’s a tragic story.
It is also a story that could not have happened if the working hours laws that large companies have worked so hard to undermine were actually enforced properly.
Also, if you want to go along with the culture in these places that led to this tragedy, these internships are probably counterproductive for both the companies and those doing the internships. This article from CBS News neatly explains why.