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It's not actually that bad of a commercial move because most analyst in the financial sector know this already. I'd wager most even EXPECT to work 80-100 hour weeks. At least in the US. Of course, I don't agree with this at all but there's sadly a lot of analyst that are willing to work crazy hours.
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@AlmondSauce "To its credit, Goldman Sachs has tried to offer some remote perks, such as yoga or mental health webinars. "
What a joke.. How is this even a perk ? And why tf are they giving such things credit !? -
@purist Journalists try to be balanced, even when the situation is utterly unreasonable and there's clearly no sense in a balanced viewpoint.
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@ChaoticGoods Analysts, sure. But unless you look at the details (which most people don't these days), people now think working anywhere in Goldman Sachs = 95 hour work weeks. If you hear that and you have other options, you likely wouldn't bother applying.
Goldman Sachs analysts - hey, please could we stop working 95 hour weeks? It's really getting silly.
David Solomon - Hey, I'm really glad you brought this up! But screw you. Work harder.
...yeah. Even ignoring the morality of the situation, that was a commercially stupid move. I can't think of a single person that would now want to apply there, analyst or not. Can't help but feeling they've lost a lot of potentially great dev talent over the coming months & years.
rant