Its new employees Goldman Sachs threaten mass resignation if the devastating working conditions do not change.
An internal survey of 13 of them showed that they work an average of 95 hours a week and sleep only 5 hours a night. Employees have many personal, physical and mental problems because of this.
The young analysts warned that they will resign within six months if things do not change.
Research offers a rare glimpse into the world of fierce competition that vibrates its top companies Wall Street, where young workers try to make a name for themselves.
The study was conducted on American bank employees who are spending their first year in the industry. “Lack of sleep, treatment by managers, physical and mental stress; I have lived in a foster family and this is undoubtedly worse,” said one BBC participant.
“We are not talking about hard work here, but about inhuman abuse,” added another.
Participants presented their findings to Goldman Sachs management in February and the bank is said to have taken steps to improve conditions.
Goldman Sachs closed 2020 with a net income of $ 44.6 billion…
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