Goldman Sachs Lays off 3000 employees

Goldman Sachs is a multinational financial services firm providing securities, investment banking, and management services. the company announced 3000 employees in one day.

According to a report by New York Post, when the employees arrived in the conference room for the meetings at 7.30 am, they were greeted by the head of the team who told them they have been fired while their manager observed the proceedings.

Recounting the sorry tale of a colleague, who was fired from the company, a Goldman Sachs employee said, “He got here early for the meeting and was told the news. The meeting was put on his calendar under false pretenses. Managers were sorry to do this but their hand was forced and they wished him the best of luck.”

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