Goldman Sachs workers fired in ‘meetings’ they were invited to: Report

It’s one thing to be laid off by a reputable bank Goldman book. It happens after showing up in what you think is a regular meeting is another matter.

On Wednesday, Goldman laid off 3,200 jobs, or about 6.5% of its workforce. It’s no surprise that CEO David Solomon has have been warned employees last month, he predicted that “a reduction in headcount will occur in the first half of January, citing” tightening monetary conditions are slowing economic activity.

But the layoffs apparently came as a surprise to some employees, who showed up for what they thought was a regular meeting, according to people in the conversation. New York Post Officelike paper report Friday.

Those employees reportedly received fake meeting invitations via email, some of which took place as early as 7:30 a.m., at the bank’s New York headquarters. But when they showed up, they said they had been fired, with the supervision of a manager.

Wednesday is internally named “David’s Destruction Day,” according to parcel.

Asset reached Goldman Sachs for comment but did not receive an immediate response.

The rituals surrounding employee layoffs have come in late, especially in the tech sector, which has seen significant workforce cuts in recent months, even as US overall unemployment rate still low.

In Sales force Earlier this month, CEO Marc Benioff was fired for dodging questions during a hands-on meeting about mass layoffs announced only a day earlier. One staff asked whether The Hawaiian concept of “Ohana”—the idea of ​​a family relationship that encourages people to be accountable to one another—should still be core to the company’s culture, as Benioff put it when he founded Salesforce.

Elon Musk was heavily criticized in November for how to conduct layoffs at Twitter after his tumultuous takeover. Like Asset report, some employees discovered that their jobs were dropped after they were unable to log into the company’s messaging or email systems. Others know their fate through an email (without a signature) sent after business days.

HR professionals have not been slow to consider tactics. “I have been in HR for over a decade and have seen companies of all sizes and types handle layoffs,” one person said. tweeted. “From where I am sitting, Musk’s Twitter is talking about their Twitter in a terrible way — legally, ethically, and humanely. Outraged and heartbroken.”

On the other hand, a CEO received a lot of criticism in August after attaching a tearful selfie to a LinkedIn post in which he described guilt over firing an employee. Detractors call it a PR stunt and accuse him fishing for sympathy.

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