Is there any fear of layoffs with the build up amc and gme have?
Banks have become less competitive and the old school style of management is quickly become loathed by everyone including new hires. Is this place just full of obedient people? How is the attrition? Tons of shift from NYC to India, SLC and... — read more
Is Goldman Sachs really that competitive? Do they layoff frequently? All business divisions? Investment banking? Tech?
Two of my close colleagues decided they would rather find new jobs.
Is anyone voicing any resistance to it?
What is the typical salary for the VP level?
Just read all the negative news articles about the analysts slide deck asking to work only 80 hours a week and not 100. What a bunch of corporate sheep asking your masters if you can work only 80 hours this week. Don't you know how to say NO?! NO... — read more
Anybody here? Did you see what the CEO said about working from home? It left me laughing in tears. Is there anyone else who thinks working remotely is actually an “aberration”?
Can anyone confirm rumors of moving HQ to Miami/South Florida?
Goldman Sachs Group Inc.'s second round of several hundred firings in the course of three months is another sign that the pandemic pause on layoffs... — read more
I know there were layoffs in October. Now they are doing it again, but I am not sure if IT is affected in the November batch?
The firm has made a decision to move forward with a modest number of layoffs.” Which category does this fall into? Goldman doesn't appear to want to add to this... https://news.efinancialcareers.com/uk-en/3004846/goldman-sachs-job-cuts — read more
Layoffs at Goldman Sachs, hundreds of employees to be affected this week. Not sure if it's going to start today or tomorrow but we know it's going to be company-wide. Has anybody been notified yet? Also, does anybody know if there have been any... — read more
Know few in NY NJ who were let go Oct 1 2020
OK, 3 months is over and let's see what happens next
Mark my words on this one. https://www.reuters.com/article/us-world-work-goldman-sachs-exclusive/exclusive-goldman-revamps-employee-reviews-opening-door-to-greater-job-cuts-idUSKCN24S266
I noticed layoffs at Goldman Sachs Jersey City and NYC happening past several weeks with several senior people layoff, including those with decades of almost lifelong career with GS. If you want to save your job, you may be offered to go to Salt Lake... — read more
Any news on what's going on? My husband works at Goldman Sachs and I've been worried all day after the rumors came out yesterday about planned layoffs. He says nothing yet, but they haven't been told anything yet either. I was hoping to find out on... — read more
there were layoffs in IT recently
OK, nobody is reporting but here it goes - the are layoffs happening at GS right now. Have a great day.
20 Goldman folks got WARN notices today... Sources are listed below: https://labor.ny.gov/app/warn/details.asp?id=5714 http://www.reuters.com/article/goldman-sachs-layoffs-idUSL4N1CU55R Many banks are going through similar situations right now... — read more
Starts in July, ends in October, and a new batch in January. 98 listed on WARN notices, things will continue to look ugly.
I am not with GS but there were multiple reports that about 50 people were let go in the Fixed Income trading group - granted, this is not even one percent of the overall headcount for GS, still - the FI group is not that big so this may be a big hit... — read more
Now, cuts in compensation and benefits by 16% and 18% drop in non-interest-bearing revenue. Hmmmm...
Can anyone tell me why Goldman Sachs is holding onto EDMC, a company that's not only predatory, but is losing money?
3,260 jobs were cut in 2008 and 2009 - 10% of our total workforce - so, never happened statement is not accurate - GS is just a company, and companies do this. things are much better now. the company is well managed and with bright prospects.