Topics regarding layoffs at Goldman Sachs

Topics regarding layoffs at Goldman Sachs

More cuts

Goldman Sachs Gears Up for Its Annual Layoffs Goldman Sachs is gearing up to shed its lowest-performing staff as part of its annual “strategic resource assessment,” the Financial Times... —  read more 

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Post ID: @OP+1ovGEva7

Acquire BK

GS should make an acquisition of bny mellon. Get cheap funding from deposits and create moderate risk between combined companies

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| 1068 views | | no replies yet
Post ID: @OP+1l7wrBd8

Time to look for a new job

All companies have layoffs but few do it as callously and uncaringly as Goldman Sachs just did. I have no intention to continue working here after what just happened. Not to mention, I'm all but certain that we'll be expected to pick up the work left... —  read more 

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| 1738 views | | 4 replies (last January 26, 2023)
Post ID: @OP+1kJtov6W

NYT Coverage

https://www.nytimes.com/2023/01/10/business/dealbook/goldman-sachs-layoffs.html If paywalled use: https://archive.ph/uepfj Will try to paste below… —— Goldman Sachs Begins Large Round of Layoffs The investment bank plans to cut up to 3,200... —  read more 

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| 989 views | | 1 reply (January 12, 2023)
Post ID: @OP+1kEJRmmc

Walk out with your head up

Unfortunately, layoffs are not fair and it is not at all rare that some good and capable people are laid off instead of those who do not add any value to the company. Instead of blaming yourself, go out with your head held high, because some other... —  read more 

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| 1337 views | | 1 reply (January 11, 2023)
Post ID: @OP+1kDvvoag

At least we know now

I just hope that they're done with it this week, at least for this round. I don't want to have to stress over this for who knows how long. Get it over with, rip off the band-aid, and let us all move on. The prolonged layoff will just serve to... —  read more 

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| 1339 views | | 3 replies (last January 14, 2023)
Post ID: @OP+1kBAPFny

Nobody is safe

Some seem to be under the mistaken impression they are safe from the coming layoffs. Don't make that mistake. If layoffs here have taught me anything, that's that nobody is safe. I've seen people who've been here for decades and those who joined a... —  read more 

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| 1236 views | | 2 replies (last January 9, 2023)
Post ID: @OP+1kqVgOuU

Soft landing? For whom?

https://www.msn.com/en-us/money/markets/soft-landing-why-goldman-sachs-says-the-us-is-more-likely-to-avoid-2023-recession/ https://www.cbsnews.com/news/millions-of-americans-to-lose-medicaid-coverage-starting-next-year/

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| 810 views | | no replies yet
Post ID: @OP+1koC36mI

And so it begins

I'm not sure how I'm going to survive the following weeks knowing what's coming. Why would the leadership be so cruel as to announce this so close to the holidays? They could have waited a few days and let us enjoy Christmas with our families without... —  read more 

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| 1311 views | | 2 replies (last December 17, 2022)
Post ID: @OP+1kdm8JeO

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