Gwyneth Paltrow reveals she closes her GOOP offices for three weeks every year


‘It affords people the luxury of time with their families’: Gwyneth Paltrow reveals she closes her GOOP offices for three weeks every year so her employees can unwind

Gwyneth Paltrow spoke about giving her Goop employees three weeks off each year during Goldman Sachs’ 10,000 Small Businesses Summit, which took place earlier this month.

During her appearance at the entrepreneurial event, the 49-year-old performer opened up about why she chose to let her collaborators take considerable time off from their positions.

The Academy Award-winning actress previously founded Goop in 2008 and the company has since become the subject of criticism for its promotion of alleged pseudoscientific ideals.

Opening up: Gwyneth Paltrow spoke about giving her Goop employees three weeks off each year during Goldman Sachs’ 10,000 Small Businesses Summit, which took place earlier this month

Paltrow began her explanation by stating via People that she was impressed by how, while living in London, she came to admire the European life-work balance. 

‘I think one of the things that I really came to admire about the Europeans is that they really value a quality of life and time with the people they love and eating and they’re not on their, as it were, Blackberries at the time, like all the time,’ she said.

The Shakespeare In Love actress went on to express that she tried out a similar approach upon her arrival in the United States.

‘I would kind of notice a difference between being in New York and being back in London. And when I started the company and I started hiring people, I always just shut off the company for two weeks in August,’ she stated.

Taking notes: Paltrow began her explanation by stating via People that she was impressed by how, while living in London, she came to admire the European life-work balance

Taking notes: Paltrow began her explanation by stating via People that she was impressed by how, while living in London, she came to admire the European life-work balance

Doing it herself: The Shakespeare In Love actress went on to express that she tried out a similar approach upon her arrival in the United States

Doing it herself: The Shakespeare In Love actress went on to express that she tried out a similar approach upon her arrival in the United States

Paltrow then justified her idea and expressed that productivity naturally declined in the summer months.

She recalled: ‘I fought for it and I said, “First of all, let’s be honest, in August, everybody is on vacation or people are slowing down. People aren’t really fully going full steam ahead anyway.”‘

The performer noted that the extended period of time off ‘affords people the luxury of time with their families and not being concerned that they’re missing something.’

Paltrow went on to express that American companies would have much to gain from taking up the same process. 

Making a call: The performer noted that the extended period of time off 'affords people the luxury of time with their families and not being concerned that they're missing something'

Making a call: The performer noted that the extended period of time off ‘affords people the luxury of time with their families and not being concerned that they’re missing something’

‘I really wish more American companies would close and let everybody rest,’ she remarked.

When asked about how smaller companies could compete with bigger ones, she simply stated: ‘Those f***ers.’ 

Paltrow previously founded Goop in 2008, and the brand started off as a newsletter.

The company’s online store was launched a year after it was incorporated in 2011.

In the past: Paltrow previously founded Goop in 2008, and the brand started off as a newsletter

In the past: Paltrow previously founded Goop in 2008, and the brand started off as a newsletter

Goop’s first standalone storefront was opened up in Brentwood, California, in 2017.

Another location for the brand was established in New York City the following year.

According to Fortune, the ever-expanding company was valued at $250 million in 2018. 

Raking it in: According to Fortune, the ever-expanding company was valued at $250 million in 2018

Raking it in: According to Fortune, the ever-expanding company was valued at $250 million in 2018

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