The Long Term Effects of Layoffs - Anonymous employee Goldman Sachs Employee Review

1.0
Apr 4, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Educational assistance and obtaining liscenses. PTO is okay, if you ever get to use it. Great opportunity to train new employees with the high turnover.

Cons

After rounds of layoffs, Ayco's management team has failed to recognize how thinly spread they are leaving their unappreciated workers. It seems that every team is barely keeping it together. After years of going above and beyond without a significant pay increase, management will award you with a promotion that comes with a pay cut, literally. They are known for their pay cut when you go from hourly to salary.

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5.0
Jun 2, 2026
Recommend
CEO approval
Business Outlook

Pros

amazing experience, everyone was very kind and supportive.

Cons

None, great experience overall. Highly Recommend!

2.0
Jun 25, 2026
Recommend
CEO approval
Business Outlook

Pros

Being able to communicate with sales & trading

Cons

Not being able to put your point forward, if you are a contract, you always remain an outsider

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