It was brutal for them today

Goldman Sachs begins laying off staff on Jan. 11 in a broad restructuring that targets investment banking and global markets roles and aims to cut $1.3 billion in operating expenses over three years. The moves reflect a strategic push to redeploy... — read more 

Got an offer from them not sure if i should take it

Goldman Sachs has informed employees of potential job cuts and a hiring slowdown through the end of the year, according to an internal memo seen by Reuters, as the Wall Street giant aims to use artificial intelligence to enhance productivity... — read more 

.Goldman Sachs has implemented a fresh round of layoffs that will affect 343 employees at its global headquarters in New York City. According to an amended WARN notice filed with the New York State Department of Labor on Monday, the layoffs began... — read more 

Today is the day, any early intel you can share?

Ny warn notice posted. 78 colleagues in June.

Sources at the bank say the firm is planning another round of cuts, affecting 3-5% of staff. They're expected to happen in May. https://www.efinancialcareers.com/news/goldman-sachs-has-a-small-round-of-annual-layoffs-coming-soon

Everybody who works at Goldman Sachs knows to expect layoffs this time of year. The issue is not that we're having cuts, the issue is that we'll have to wait for several months for the whole process to be finalized. That's months of stress for... — read more 

News --> @WSJ reports Goldman Sachs going to lay off 1,300 employees If true ... not ideal for the NYC tax base (assuming the workers are in NYC and not other offices) GS has already been moving a lot of folks out of state .. Dallas a big winner — read more 

Thinking of applying at GoldmanSachs, are majority of the roles full time in the office? or hybrid? 3x a week in the office, or do you have to show up 5 days a week.

It’s 5 days a week in office $200,000 18% bonus Should I take it? I don’t live in NYC so I have to move as well.

"Goldman Sachs, JPMorgan Chase, and Morgan Stanley are seeking artificial intelligence for analyzing securities, and investments and predicting stock prices and portfolios."... — read more 

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 

Goldman Sachs Group Inc. has started cutting managing directors across the globe as the firm reduces its headcount amid a deals slump, according to people familiar with the... — read more 

Deregulation, vulture capital, wars, crypto, worthless tech startups, Chinese hustles, funds of funds of funds. Climate chaos and an aging population--and years of doing less than nothing.

People in the business have been following the meltdown for several months now. They did see it coming. https://www.pbs.org/video/age-of-easy-money-osu8cj/

Goldman Sachs Eyes a Big Payout from Silicon Valley Bank Deal The Wall Street giant is likely to be paid more than $100 million for its role in a bond purchase that ultimately failed to save the California bank from... — read more 

Seems more than a rumout, GS in talks for taking over ACI Worldwide, planning to cut staff and the current offices that they have .

In January 2023, Goldman Sachs, a multinational investment bank, announced plans to cut around 3,200 staff as part of a cost-cutting exercise. However, despite this move, the bank remains open to hiring new talent in the cryptocurrency... — read more 

What the he-l kind of performance was that?

CEO David Solomon made a difficult decision to cut about 3,200 jobs last month. Does he have any regrets? Yes. He wishes he had done it sooner... — read more 

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

Are the latest WARN notices that I've seen posted all over the place about the layoffs that already took place or are we looking at even more cuts at Goldman Sachs NYC offices? I'm confused and worried and I wouldn't be surprised if we're far from... — read more 

The WARN Act requires an employer to notify employees, in writing, 60 days before a layoff, and pay the employee for those 60 days, in addition to any severance the employee may be entitled to. Unfortunately, some employers attempt to circumvent the... — read more 

https://actualidad.rt.com/actualidad/455355-hipocresia-aviones-privados-prostitutas-davos

... — read more 

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 

Cut 3,200 jobs & gave workers 30 minutes to pack up their belongings. This is per the Daily Mail.

https://www.wsj.com/articles/goldman-sachs-lost-3-billion-on-consumer-lending-push-11673616202

If there used to be any, now that job stability is definitely gone. I'm thinking of leaving GS if I'm not laid off in the meantime, but is there at least a little more stability anywhere else? I wouldn't say there is. Moreover, I am not optimistic... — read more 

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 

Good luck everyone! I hope there are more people here who used advanced notice of layoffs and managed to find something better in the meantime!?

"G0ld-Pers0n"?

Sorry for the d-mb question, but I haven't been here long so I still don't know how things work here. If I haven't received notice so far, can I consider myself safe or will the uncertainty last until the end of the week? How did you get notified?

F U GOLDDMAN

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 

How many people will be impacted in New York offices?

I hope for the best but I expect the worst. Which department will be most impacted by these layoffs?

https://www.thelayoff.com/t/1f5UlmqK