Goldman Sachs reviews

Office politics and favoritism play a large role in this company; false accusations from other co-workers just to get ahead; passive aggressiveness and negativity causing a toxic work environment, specifically on certain team in the Operations department. Raises/Bonuses are minimal. Don't expect to be fairly compensated just because you worked extremely hard

The company is in a long decline like a corporate version of the Roman Empire - they've allowed barbarians inside the gates and it's newer policies are driving away the competent to firms who run tighter, more meritocratic ships and afford them more entrepreneurial opportunities. GS is trying to improve its image in the media so it has instituted more aggressive affirmative action policies which is great for them from a PR perspective but this has lowered entry barriers and standards, and it also degrades the firm's unique culture which is a mix of merit, collaboration, and competition. People slip through the recruitment filters if they check the right boxes so the number of mediocre/poor professionals entering has increased in recent years. The "long-term greedy" ethos is vanishing. Your career accelerates only once you leave for the buy-side using the GS brand rather than growing within the firm based on the trend over the past few years. Most people are overqualified for their jobs and do very mundane work on a daily basis. Your specialization becomes too niche if you're not careful about managing your career. HCM (the HR division) is woefully incompetent, pathetically slow and are more overstaffed than Soviet production lines.