Cuts at Goldman, on top of the previously announced ten percent, which were rumored to be planned for January, have supposedly been moved up to right this second. Stay tuned.
Earlier: Layoffs Watch ’08/’09: Goldman Sachs
— Advertisement —
Comments (91)
Leave a comment
You can log in with your account or comment as a guest below.
- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
Sev #’s?
ut oh!
Happy Freakin’ Hannukah….your severance gelt pouch of cheap chocolates wrapped in gold foil will be handed out at the exits.
You’LL B’Fine
rut roh!
$$$ Report estimates 92% of people in finance are ass kissing clowns.
Wow. Who does this?
Oh my god oh my god oh my god.
I just got laid off from LevFin in IBD. I’m in tears man.
-2nd year associate
internal whisper is another 20% to be cut.
Ummmm….I love the smell of GS takedowns in the morning. Smells like victory.
#10 & #6 why dont you meet up so yopu can suck each other’s asshole. And 6, buyside, you, you wish bitch. The closest you’ll ever come to buyside is purchasing toilet rolls for your local 7-11. Bitch.
@8 sorry to hear that, sucks for you but Levfin, well, cant be a surprise.. what % of you guys were axed?
Best.
What happened to the CS Layoffs post you had up today…did Brady call in to nix?
anyway layoffs are today & lastnight
Funny I was there for meeting last week and, I do have to say, the whole place did just reek of snobbery and entitlement. Never saw so many smug faces.
That said, sorry to all who lost jobs today. Hopefully it provides time to ponder your purpose and set yourself up for a more fulfilling life two or five years down the road.
Mayor Mike Bloomberg can’t be pleased.
Love watching them eat their young
@ 12 GS bitch – F-U , not into sucking assholes, otherwise I would have “called in gay” at the 7-11 today!
We need GS personnel in North Dakota.
~”Oly” Larsgeerfartenushultsenfeigereistickeen
North Dakota Bankers Interests Development Corp.
@14- what are you talking about? it’s still up.
@15 you were interviewing for janitor? hope you got the job since people there tend to literally go ape-shit once laid off.
This story seems to contradict this post:
http://blogs.wsj.com/deals/2008/12/09/goldman-sachs-layoffs-rinse-lather-no-repeat/
What gives?
why would you log onto dealbreaker right after getting fired? shouldnt you be packing instead…
It’s easy to grin
When your ship comes in
And you’ve got the stock market beat. But the man worthwhile,
Is the man who can smile,
When his shorts are too tight in the seat.
why would you log onto dealbreaker right after getting fired? shouldnt you be packing instead…
The world needs ditchdiggers Danny.
@26 very nice SPODE is that you again? you try to beat your gayest post of the year of yesterday?
@23- the deal journal post is wrong. this is in addition to the ten percent.
It’s easy to grin
When your ship comes in
And you’ve got the stock market beat. But the man worthwhile,
Is the man who can smile,
When his shorts are too tight in the seat.
Right in the limber yard Danny
Does Goldman have a wideclops in boots?
So I jump ship in Hong Kong and make my way over to Tibet, and I get on as a looper at a course over in the Himalayas. A looper, you know, a caddy, a looper, a jock. So, I tell them I’m a pro jock, and who do you think they give me? The Dalai Lama, himself. Twelfth son of the Lama. The flowing robes, the grace, bald… striking. So, I’m on the first tee with him. I give him the driver. He hauls off and whacks one – big hitter, the Lama – long, into a ten-thousand foot crevasse, right at the base of this glacier. Do you know what the Lama says? Gunga galunga… gunga, gunga-galunga. So we finish the eighteenth and he’s gonna stiff me. And I say, “Hey, Lama, hey, how about a little something, you know, for the effort, you know.” And he says, “Oh, uh, there won’t be any money, but when you die, on your deathbed, you will receive total consciousness.” So I got that goin’ for me, which is nice.
I don’t like 99% of the GS people, but I do have one very good friend there, at 1 NY Plaza, I really really hope that group is safe. Just emailed and hope to hear back. They have a family too, I just can’t imagine how stressful it is to watch all this and wonder if you’re next.
How ’bout a fresca?
is it just me or a lot more comments being deleted? i have been away a couple of days..
GS cut this time will be deeper than the last. The CS thread is taken down. There has been tons of censorship lately. Check out the AQR thread (the “most commented”) one. You cannot even post new comments there.
@ 30 …and that was improvised as well
GS controls/owns dealbreaker.com….
GS controls/owns dealbreaker.com….
when did dealbreaker sell out?
@33 and @34, the deletions are clearly in the case where people who aren’t exactly household names are being named. Everybody has their enemies and I think DB is right in not allowing this to become a forum where people can anonymously slander someone.
@39 would be correct. @36/37 would be stupid, as if GS controlled or owned dealbreaker, they’d probably have a problem with the actual post.
thx Bess/39, i just saw the post #’s out of order, did not see what was actually written only that they were deleted.
i hear there’s some openings at jeffries
Deletions have turned #10 into an epic fail
yes, i thought db was better than that
Maybe GS does own DB and this post is just a front to make it look they don’t. Kinda like that pizza place on my corner that is only open three hours each day.
“Don’t delete me bro!”
#10 here just to be clear – unlike spode i dont like sucking my own ass, i got screwed by deletions.
any severance details?
@44- I’m sorry that we don’t allow random, non-senior employees to be harassed by little trolls in the comments. To the rest of you wondering why we’d delete comments that specifically name people who posts have nothing to do with, and allow personal details to remain on the site- either use your fucking brains, or send me your name/employer name/rank/picture/any other relevant details you think the peanut gallery might enjoy and I’ll be happy to offer them to the crowd.
What are the first year associate bonus, wait scratch that, severance numbers?
@43 – yeah, they should at least retain the original numbering, just for the sake of thread continuity…
@ 49 (bessalina) – tell that to wideclops!
sassy
Bess, will you marry me?
Ax falling at CS right now ladies and gents, fixed income, equities and Ibanking.
What are the first year associate bonus, wait scratch that, severance numbers?
Dont get me wrong am all for deletions when necessary, but what happened to me at #10 leaves a bitter taste in my mouth..
Ax falling at CS right now, fxd income, equities and Ibanking.
Bess is right. No anonymous mud slinging should be tolerated. Let’s try to maintain minumum decency as human beings. there is a reason why the public hates finance professionals. Because many of us are fucking shitheads.
having your name posted and not deleted on DB is the new 7 figures.
bring the hammer bess, posting private info of your fellow peons anonymously is such a bitch move.
@59 did you call in GAY today?
is this officially wideclops fallout?
@59 That’s what happens when you “suck each other’s asshole[s]“. Or in #10′s case, your own.
@59 – why don’t you turn those meanies the other ass-cheek?
What are the first year associate bonus, wait scratch that, severance numbers?
GS and CS – simultaneous firings?
We have a pond, pond and a pool. Pond might be good for you.
wonder what the recidivism rate for layees is. after dodging hr these past few weeks the prospect of leaving forever looks better and better
Let’s get some color! what the fuck is going on at GS? I hear their SF office is decimated. How about London, HK?
and hawai; poor hawai!!!
You know the sucky part? I remember layoffs post-2000 Internet bubble bursting. The worst, laziest people got laid off first before things got really bad. These were the people who landed at new jobs.
As the Dow kept falling, the “muscle” was cut, not just the fat. But there’d already been so many rounds and so many people out of work, that the best people (the ones laid off last) were the ones least able to find work, thanks to the bad guys who got laid off first taking whatever slots there were.
Good luck you GS and CS people – you guys aren’t the wasteproducts.
So weird. Someone contacted me for a Stat Arb Prop trading role in Tokyo for GS.
Most GS people are arrogant and average.
@73
you are arrogant and under-average. and you suck assholes.
Sorry #7. Getting laid-off sucks.
Sorry #7. Getting laid-off sucks.
took a half day, calling in bi.
took a half day, calling in bi.
meep.
@80
nice
I was axed this morning. Anyone looking for a 2nd yr asc – pls post.
Scott Block
DAMN IT FEELS GOOD TO BE AN IP LAWYER.
IP lawyer? uhh, shouldn’t you be reading “Above the Law”… or are you just one of the wanna-be bankers?
oh, and IP is hardly something to brag about, nerd.
I’m transactional. Smart enough to pass on the TMT offer. Laughing all the way to the bank now.
@83 – If you are transactional, then you have no work. Don’t think that since you are a lawyer, you are immune to layoffs. Good luck paying off those $100k in law school loans when you are waiting tables fucktard.
not an IP lawyer here, but I do know that it pays very well.
NOt to worry, IP Law will be toast in ’09 too. Trolls and their ambulance chaser laywers can’t get loans, and big tech ain’t suing anyone. Too busy doing RIFs and such.
BK law will be huge. Boy I can’t wait to see what it’s like to live in a socialist country. U-S-A!
83 here. My niche practice area is busy as ever for the foreseeable future. Loans are paid off. Life is good, except that we got shafted at bonus time this year.
You two look like a couple of Boobies!
You two look like a couple of Boobies!
shafted… yes, so you don’t work at S&A.
No special bonus for you this year, and only 50% of the “regular” lock-step associate bonus.
Hope you didn’t kill yourself billing… because it sure wasn’t worth the ~$27,500k pre-tax “bonus” you’re getting (and that’s if you’re at a top 10 firm as a 6th year).
So the next time you want to squable about the terms patent vs copyright vs trademark, please stick to the dull legal blogs, because we sure as hell do not give a damn here.
3rdH8O Im obliged for the post.Really looking forward to read more. Really Great.