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(CNN)   Goldman Sachs announces plans to fire 3,200 workers this week on news that some of their executives can no longer afford to light cigars with $100 bills and have resorted to using $50s or even $20s instead   ( divider line
    More: Followup, Morgan Stanley, Monetary policy, Lehman Brothers, Goldman Sachs, Central bank, Mergers and acquisitions, Bank, Federal Reserve System  
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252 clicks; posted to Business » on 09 Jan 2023 at 9:35 AM (10 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook

9 Comments     (+0 »)
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2023-01-09 9:14:50 AM  
Well the Fed did want to see a lot more Americans unemployed.  Mission accomplished!
2023-01-09 9:19:12 AM  
I'm sure it's 3,200 of their higher paid executives, right?
2023-01-09 9:47:11 AM  

DannyBrandt: I'm sure it's 3,200 of their higher paid executives, right?

Good news!

Ted the intern and Sarah the IT help desk tech are now considered executives!

Oh wait, oh no! Bye Ted and Sarah!
2023-01-09 10:09:31 AM  
Didn't they Goldman Sacks some employees before and we had a thread on it?
2023-01-09 11:42:25 AM  
It's okay, they didn't fire George Santos.
2023-01-09 11:48:00 AM  

dascott: It's okay, they didn't fire George Santos.

why would they fire the founder?
2023-01-09 12:14:14 PM  
Hiring for roles in other areas will continue and the new analyst class will start later this year as planned, the person added. News of the layoffs was first reported by Bloomberg.

Doesn't this just mean they are firing the olds so that can bring in some new interns for a little bit of the ole 'entry level savings, in out, in out'
2023-01-09 12:56:36 PM  
When you lie with dogs rats, expect fleas hanta virus.

2023-01-09 2:42:07 PM  
From quiet quitting to loud layoffing.
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