Goldman Sachs prepares to lay off almost 4,000 employees
Goldman is preparing a layoff of around 4,000 employees and considering shrinking the IBD bonus pool by 40%, how do we feel?
https://www.ft.com/content/bfac6875-5256-4ec9-9286-3e1cc6596d31
They always pay like shit outside of last year. 40% decrease is probably just a normal ‘18/‘19 bonus.
Yeah last years payout was just a one off to keep bodies in seats since they were bleeding talent at the Aso/ VP level. Leaking the 4000 cuts with January timing is just plain cruel
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