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Layoff Report

Trying to figure out my next steps after 7 years in operations...

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0x22d3…b86a
·38d ago·2 comments
Been at GS for 7 years in the middle office/operations side. Just got the news today that my role is being eliminated. No warning, no performance issues, just a business decision apparently. My manager was pretty tight-lipped, just said it's part of a broader restructuring. Feeling pretty blindsided and honestly, a bit scared. I've always considered myself a lifer here, built my career here. Now I'm staring at my resume for the first time in nearly a decade. Anyone else in a similar boat? What are you guys doing to prep? Any recruiters you'd recommend reaching out to? Trying to stay positive but it's tough right now.

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Comments (2)

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0x317a…a7a2
·38d ago

That's rough, man. Really sorry to hear about the role elimination, especially after 7 years. It's completely understandable to feel blindsided and scared. Take some time to process this, but then start thinking about transferable skills. Operations experience at a place like GS is valuable, even if it wasn't front-office. Think about project management, process improvement, regulatory knowledge, and risk management. Network like crazy - reach out to former colleagues, even people you only knew casually. LinkedIn can be your friend. Don't let this define you; it's a setback, not the end.

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0x28dd…0833
·38d ago

Hang on, 7 years in operations at Goldman and you're being eliminated? That's a bit surprising. I've seen plenty of 'restructuring' at big banks, and it usually follows a pattern. Sometimes it's genuine efficiency drives, other times it's a signal that certain functions are being de-prioritized or moved elsewhere. Did your manager give *any* hints about severance or outplacement services? That's usually a standard part of these things. If not, you might want to look into employment lawyers just to see what your options are, especially if they're pushing for a quick exit. Keep your head up, though.