and religiously enforces the policy like Goldman? When this happens do they put you on like a performance review plan or do you just get cut? Also, how do they measure that you are in the bottom X percent?
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With GS there's no PIP, your manager will make it clear you are at risk but doesn't mean you will get axe. You don't find out until the day off. Knew many people who were completely caught of guard.
Doesn't sound like a desirable place to work.
It has its down sides but it's probably why the quality of people there is the highest in the industry to me. Other Banks you can coast for years without breaking a sweat.