Goldman Sachs' junior bankers rebel over '18-hour shifts and low pay' - News Summed Up

Goldman Sachs' junior bankers rebel over '18-hour shifts and low pay'


The reputation of Goldman Sachs as the most desirable employer for aspiring investment bankers is at stake. Junior staff who used to tolerate long working hours thanks to office camaraderie have been forced to manage burnout at home, alone, throughout the pandemic. It’s actually pretty rough,” the London banker said. “We are not asking for crazy stuff, just for the existing rules to be enforced,” the London banker said. The banker claimed Goldman was aware it could pay workers less, and replace them quickly, thanks to the power of its own brand and prestige.


Source: The Guardian March 24, 2021 06:00 UTC



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