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It’s always been an open secret. When half the analysts suddenly aren’t on the floor one day, it doesn’t take much to figure out what’s going on. No one is supportive in terms of having seniors make calls on behalf of analysts (maybe there have been one-off cases, but likely not applicable for first year analysts that have been on the desk 2 weeks), but no one is actively trying to prove to HR that you were recruiting to get you fired.

The new policy was that if you had an offer, you’re required to disclose it and you are fine to stay for the remainder of your analyst stint. This was mostly driven by GS realizing the shit show that is caused for headcount planning when you don’t know what # of analysts are actually staying for the A2A promote and to a lesser extent avoiding conflicts of interest (you won’t get staffed on a team that involves the sponsor you’re joining).

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