Layoffs
on
ZestyHamster
Layoffs Started in Goldman Sachs
As of now 10 members laid off in consumer banking division in Hyderabad.
23mo ago
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Curated from across
As of now 10 members laid off in consumer banking division in Hyderabad.
Any idea how much severance is given?
Not informed
Any idea on how deep the layoffs are? My friend at gs just pinged me saying it’s really bad in india office, folks called to conference room, asked to leave
Aren’t Indian employees cheaper for gs, bang for the buck?
And is this performance based firing? The team members you mentioned, were they actually good?
Doesn't matter if whole business line is getting chopped.
Not at all performance based tbh. My colleagues who got promoted from Jan also got laid off.
One of my colleagues got promoted to VP on 2nd Jan and got laid off today. Bad joke
My god
These layoffs are across teams and hierarchy. But mostly targeting VPs and above as they want to save costs.
Marcus winding down big time
Yeah but it's not just Marcus now
They are gutting other division engineers too in India? I have not heard of it yet.