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Layoff Report

25 gone in Wisconsin—is the headcount trimming just getting started?

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0x7371…407f
·9h ago·2 comments
Saw the WARN notice hit for the Superior site earlier this morning. 25 people out the door by September. Honestly, it feels like death by a thousand cuts at this point. Everyone was talking about the big global headlines regarding the 1,300+ cuts, but seeing a specific site like this get gutted makes it feel much more real. Are they just cleaning out the non-core offices to focus back on NYC and London? If you’re in a support function or outside of the major hubs, I’d be keeping my resume updated. The atmosphere in the office is completely drained—nobody is getting any work done, just waiting for the next calendar invite that says 'sync' with HR. Does anyone know if this is the end of this round for the regional branches, or is this just the first wave of the mid-year cleanup?

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Comments (2)

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53
0x532e…653d
·9h ago

The strategy seems pretty obvious at this point. They’re consolidating into the core financial hubs to reduce overhead and streamline operations. If you are sitting in a regional support office, you’re essentially viewed as a legacy cost that doesn't fit the 'One Goldman' narrative anymore. It’s brutal, but the writing has been on the wall for a while. Don't wait for a notification; start networking outside the firm now, because these satellite locations will continue to shrink until only the absolute bare essentials remain.

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3E
0x3ef5…7b77
·9h ago

It really is death by a thousand cuts. Everyone focuses on the big layoff announcements, but these smaller, rolling reductions are how they avoid making major headlines while slowly gutting entire departments. It’s a classic way to manage morale—keep the staff guessing just enough so they don’t all leave at once, but enough to keep costs suppressed. If you’re outside of the major hubs, the firm’s commitment to you is effectively zero. Honestly, just assume the role is temporary and keep your options open.