From the FT: Goldman Sachs is considering shrinking the bonus pool for its more than 3,000 investment bankers by at least 40% this year. The prospect of the deep cuts has fed fears that the bank could face high staff turnover in the new year,
I think we’re going to be worse than the Street,” one senior Goldman banker said.
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Good, you profited off the pandemic. it's time to face the music just like everyone else did
Better than a 1 year membership to the jelly of the month club
Does this mean they'll be more open to laterals?
Absolutely - more bodies are always needed in the salt mines. Just don’t get the hubris to ask for any bonus money
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