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Are layoffs imminent at Goldman sachs? Should I be worried? #layoff
So overall the following News articles doing rounds - mainly since IB ; IPO and underwriting activity has drastically fallen this FY and for GS in particular 47% drop in profit isn't the greatest of news similar to Morgan Stanley and JPMC https://www.forbes.com/sites/jackkelly/2022/07/18/job-cuts-are-coming-to-wall-street/?sh=70d95dee2518 https://nypost.com/2022/07/17/massive-wall-street-layoffs-feared-as-banking-profits-tank/
So maybe? :( When GS does layoffs, do you know if it’s last-in, first-out or more nuanced?
I’m in GS … my manager said that bottom performers would be filtered by eoy
Not to worry in India as of now
Are you in London? Im in London GS and have same worries
So overall the following News articles doing rounds - mainly since IB ; IPO and underwriting activity has drastically fallen this FY and for GS in particular 47% drop in profit isn't the greatest of news similar to Morgan Stanley and JPMC https://www.forbes.com/sites/jackkelly/2022/07/18/job-cuts-are-coming-to-wall-street/?sh=70d95dee2518 https://nypost.com/2022/07/17/massive-wall-street-layoffs-feared-as-banking-profits-tank/
So maybe? :( When GS does layoffs, do you know if it’s last-in, first-out or more nuanced?