Goldman Sachs Sucks Customer Reviews and Feedback
The Goldman Sachs Group is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment management, securities, asset management, prime brokerage, and securities underwriting. The bank is one of the largest investment banking enterprises in the world, and is a primary dealer in the United States Treasury security market and more generally, a prominent market maker. The group also owns Goldman Sachs Bank USA, a direct bank. Goldman Sachs was founded in 1869 and is headquartered at 200 West Street in Lower Manhattan with additional offices in other international financial centers.
Goldman Sachs Group is ingenious enough to hide their crimes. It sucks as it offers a bribe of millions of dollars to government officers to stow away his company corruption. The Securities and Exchange Commission in 2019 announced charges against former Goldman Sachs Group Inc. executive Tim Leissner for engaging in a corruption scheme, by which he obtained millions of dollars by paying unlawful bribes to various government officials to secure lucrative contracts for Goldman Sachs. Leissner has agreed to a settlement of the alleged violations of the Foreign Corrupt Practices Act (FCPA) that includes a permanent bar from the securities industry.
According to the SEC's order, beginning in 2012, Leissner, as participating managing director of Goldman Sachs, used a third-party intermediary to bribe high-ranking government officials in Malaysia and the Emirate of Abu Dhabi. The order finds that these bribes enabled Goldman Sachs to obtain lucrative business from 1Malaysia Development Berhard (1MDB), a Malaysian government-owned investment fund, including underwriting $6.5 billion in bond offerings. The order further finds that Leissner personally received more than $43 million in illicit payments for his role in facilitating the bribe scheme.
Goldman Sachs might get off with a $2 billion slap-on-the-wrist for its role in one of the biggest and most-star-studded financial frauds of all time, according to a new report. The whole organization of Goldman Sachs Group is Sucks and corrupt.
Senior Analyst (Former Employee) says"I cannot say enough bad about this place. Zero work life balance, very political. You will only get ahead if you have connections and brown nose to the right people. Seriously, it's awful and most people that have left fell the same way. Cons: Everything"
Analyst (Current Employee) says"Operations is a playpen. A very unprofessional environment. A lot of folks sit on a high horse for no reason. Condescending work environment. Childish management gossiping on the floor about their direct reports. Cons: Terrible training, no guidance, lackluster management"
Analyst (Former Employee) says"terrible and political. if you want to live your work and work to live and do nothing but that then be overworked and never get anywhere anyless you are willing to sell your soul. this is the best place."
Equities Derivatives Sales, Operation Analyst (Former Employee) says"You are going to be overworked and not compensated. There were times where I had to lower the hours I was logging because it made the managers look bad that their employees are working too many hours."
Change Management Consultant (Former Employee) says"The worst Company I ever worked for in my 25 + years in IT. Would not recommend this firm to anyone! Stay away as far as you can go! I would not recommend this Company to anyone on the planet!"
Vice President (Former Employee) says"Should have left sooner. The company is trying to reinvent itself by becoming a regular ol' bank. Yep, that's the grand plan... The trading division is mostly dried up, and so the intellectual challenge of creating new interesting securities is just gone."
Software Peon (Former Employee) says"Perfect for those who don't have life and enjoys working for a modern sweatshop under the direction of obedient imbeciles. Nice view on the outside world."
Unknown (Former Employee) says"Wouldn't recommend it."
Operations Associate and Campus Recruiter (Former Employee) says"Goldman is not a place for people of diverse background to get a sense of belonging and thrive. Too much racism, discrimination and prejudice. If you are white male you will be fine."
Desktop Support Lead Technician (Former Employee) says"This is about the worst job anybody can work in.. the manager swears at everybody, they want you to work very long hours and the only 2 good things are the 2 front desk receptionists, Cons: Too many to list"
Production Support Engineer (Current Employee) says"0 work life balance . You are treated like a school kid . They expect you to be on time at 10 am Nothing wrong with it.But Attendance is sent out to entire management if you come to office at 10.01 am . Salt lake city office . Cons: There are Many"
Executive Trading Assistant (Current Employee) says"Bad morale"
Independent Contractor (Former Employee) says"Goldman Sachs is truly one of the most backbreaking, soul crushing companies that I have ever had the misfortune to work with. I would never recommend working with them if you could help it. They will use everything at their disposal to to degrade and belittle you into accepting payment much lower than was agreed to and nickle and dime every penny they can. Avoid."
Manager Capgemini (Former Employee) says"Place is horrible to work at, management abuses employees and is replacing them with H1 Visa staff at a cheaper rate. There is no future here. The place is a revolving door and management attitude is "We just need to find the right culture to work here" rather than address the problems. Cons: Shift hours, heavy work load, not treated like a professional"
Credit Risk Analyst (Current Employee) says"A typical work day includes getting into the office, checking emails, and completing reviews. Cons: short breaks, competitive nature, poor management, no overtime pay"
Derivatives Analyst (Current Employee) says"they are large corporation so its hard to be seen , you have to work hard and go above and beyond to be visible. Benefits are good , they have great package that's why people stick around Cons: long hours"
Executive Assistant to Vice President (Former Employee) says"I worked for them for 7 years and then was summarily laid off in 2008 along with ten percent of the rest of the work force. Without fail, everyone in my division who was laid off was a female admin over 45 years old or someone who had been ill and used "too much" sick time. To get severance package we were required to sign an agreement stating we would not sue for age discrimination. Cons: Karma will get them."
Information Specialist - Contract (Former Employee) says"Vary long hours. management does not take time to developemloyees for advancement. I enjoyed each one of my co workers. we were all willing ot help a peer when necessary."
Operations (Former Employee) says"small company"
Turret Operator (Former Employee) says"Working for Goldman Sachs Turret operation was probably one of the worst jobs you can ever have. The hours are horrible. You spend more time commuting then you are actually working. I would not recommend it to anyone."
Former Employee - Analyst says"I worked at Goldman Sachs full-time for more than a year Cons: Poor management, long hours, horrible culture"
Current Employee - Analyst says"I have been working at Goldman Sachs full-time for more than a year Cons: The stress and overwhelming workload are perpetual. Training is near non-existent because no one has the time to train others, yet you're expected to be an expert in non-intuitive subjects that have never been explained to you before. There is no such thing as work-life balance. There's just the constant demand to do more and to do it quicker."
Former Employee - Partner says"I worked at Goldman Sachs full-time Cons: Horrible management team that's full of themselfs"
Former Employee - Analyst says"I worked at Goldman Sachs full-time Cons: Be more selfish! Not enough focus on profits."
Former Employee - Operations Analyst says"I worked at Goldman Sachs full-time for more than 3 years Cons: Hostile work environment with amoral peers."
Current Employee - Software Engineer says"I have been working at Goldman Sachs full-time for less than a year Cons: Horrible work life balance and they slave the hell out of you"
Current Employee - Vice President says"I have been working at Goldman Sachs full-time for more than 3 years Cons: It is kill or be killed. Everyone is out for themselves at the expense of their peers. Only pay lip service to diversity."
Former Employee - Analyst says"I worked at Goldman Sachs full-time for more than a year Cons: Awful culture and poor leadership"
Current Employee - Vice President says"I have been working at Goldman Sachs full-time Cons: Worst firm ever, controlling and the inside doesn't match the outside"
Current Employee - Senior Analyst says"I have been working at Goldman Sachs full-time for more than a year Cons: Long hours, poor pay, high turnover"
Terry says"Will never use this company due to it's radical leftwing oppression of our president and our fellow Americans"
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danielatzhao says"@dxglan goldman sachs? more like goldman sucks"
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Kamifuji_ says"@KowtowRobinson I heard about the concert but goddamn the rest of the story sucks even more. FuckJerry in 2020? Goldman Sachs?"
In The News
Seeking Alpha reports"Sentiment Speaks: I Hate Banks - Including Goldman Sachs"
Motley Fool reports"Why Goldman Sachs Just Raised $700 Million for a New SPAC"
Motley Fool reports"An Interview With Goldman Sachs' Head of Consumer Banking"
Yahoo Finance reports"Goldman Sachs settles 1MDB scandal with Malaysia for $3.9bn"