Rookie Bankers at Goldman Sachs Quit En Masse Over Bonuses
Seven members of the health-care desk felt they were overworked and underpaid.
Budrul Chukrut/SOPA Images/LightRocket via Getty
Six first-year bankers and one second-year reportedly quit Goldman Sachs en masse this week after getting disappointing news about bonuses. The New York Post says the rookies on the health-care desk felt like they were overworked and underpaid in a pressure-cooker atmosphere stoked by the economic downturn. “People are on a whole new level of edge,” a source told the paper. “We’re being threatened to perform or be cut.” Several other health-care bankers have left since Wednesday’s group resignation.
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