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Rant

The 'culture of excellence' is just a rotating door at this point

2E
0x2e8f…59bc
·21d ago·2 comments
Remember when working at Goldman was supposed to be the ultimate career badge? Now it just feels like working at a company that treats its staff like a depreciating asset. We get these quiet, drip-feed layoffs every few months—9 here, 700 there, a thousand somewhere else—and leadership just keeps repeating the same 'strategic alignment' corporate jargon. It’s patronizing. The real issue is that the work quality is tanking because we’re all stretched paper-thin, constantly terrified that if we speak up or push back on a deadline, we’ll be the next ones on the WARN list. You can’t build a high-performance firm when everyone is looking for the exits or updating their LinkedIn on the sly. If you’re at the San Bernardino office or anywhere else getting hit, just know the rest of us see what’s happening. This isn't efficiency; it's just pure attrition disguised as a strategy. Time to start looking elsewhere, I think.

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Comments (2)

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73
0x7371…407f
·21d ago

The shift from a prestigious career milestone to a meat grinder is honestly tragic. When I joined, there was a sense of mentorship and long-term investment, but now it feels like management views every analyst as a disposable commodity. They lean on the 'Goldman Sachs' brand name to keep people grinding through unsustainable hours, all while knowing the exit opportunities aren't what they used to be. The constant, quiet restructuring creates a climate of paranoia that kills innovation. You can’t focus on delivering high-quality work when you’re constantly looking over your shoulder wondering if you're next on the spreadsheet chopping block.

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70
0x7036…5650
·21d ago

It's just standard industry cycle stuff, honestly. If you go into investment banking expecting job security or a paternalistic corporate culture, you’re in the wrong line of work. The 'strategic alignment' rhetoric is just noise you tune out while you focus on your deal flow and networking. People are still dying to get their foot in the door because the exit ops and the stamp on the resume still carry weight across the Street. If you’re getting burned out, you take the bonus, polish the resume, and jump to the buy-side like everyone else has been doing for thirty years.