Goldman Sachs plans fresh round of job cuts, to dismiss underperformers by next month.
hmmmm
Hey @rabri - what's the reaction like internally to this?
I left yesterday
Why are they struggling? Is the retail side not doing good? I thought they were bullish on the apple partnership? Also gs recruiter reached out on LinkedIn just last week so not sure.
It's Roadies
At the end of every year, they have a vote out to ensure that the loot spoils are distributed over a smaller base. That's why their variable comp is higher than other banks
@Elon_Musk didn’t the come out of the Apple partnership, like they lost > $1B, remember reading something like that.
GS continuing to cut jobs feels like good times may not really be so close around, contrary to our hope that they will be
Layoffs at GS should be renamed to Goldman Sacks
There’s always this one motherfucker without empathy. You sir are one of them.
Along with 11 others who liked it. Hehehe.
Aadat ho gaya hai. I don't take corp life seriously. All it's worth is an entry in an Excel sheet.
GS is struggling big time
How are things at the Indian conglomerates like TCS?
Hiring is slow but once macroeconomics improve ops margin and revenue will rise.
Investing heavily in upskilling like ai, cloud etc and also creating a diverse skilled pool.
After USA elections and Ukraine war stops...Indian IT conglomerate will see zenith again
Apparently a huge Goldman Sachs layoff is about to come soon.
The company has taken a huge cost reduction target
As of now 10 members laid off in consumer banking division in Hyderabad.
They've hired Boston Consulting Group to help them carry out their plan. The plan is to cut atleast 10% in major units. The project is termed Project Bora Bora.
They will be eliminating regional managers, co-heads and other employees w...
The Consultant life is all about chilling and billing. You chill and then you bill for the chaos
Hey I need a referral for a role . Can someone please refer me? Please reply in thread. Thanks
