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“Boardroom activism will cause tremendous grief for Disney’s Bob Iger” Investor appetite for woke corporatism has its limits and it usually begins with a declining share price. For further proof, look at what’s going down at Disney. For years the “House of Mouse” was the epicenter of political correctness. Investors largely ignored this circus (including…
“Goldman Sachs bankers have nickname for looming mass layoffs” Goldman Sachs is expected to fire about 3,200 workers starting on Wednesday — a massive bloodbath that bankers at the firm are calling “David’s Demolition Day,” The Post has learned. Word of the layoffs by hard-charging chief executive David Solomon spread at the Wall Street giant’s…
“Goldman Sachs grumbling grows for bank to sack CEO David Solomon” The knives are out for Goldman Sachs CEO David Solomon, and this time the people brandishing them aren’t the usual suspects — his junior staffers annoyed that they have to work late or come into the office several times a week. Solomon’s problems are…
“Goldman Sachs set to slash bonuses for investment bankers by 40%” Goldman Sachs may slash the bonuses of its roughly 3,000 investment bankers by 40% as the Wall Street giant grapples with an economic downturn that has affected the entire financial sector, according to a published report. The massive chop would be considerably higher than…
“Goldman Sachs’ David Solomon eyes bargain crypto firms” Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations and dampened investor interest. FTX’s implosion has heightened the need for more trustworthy, regulated cryptocurrency players, and big banks see an opportunity to…
“Morgan Stanley finally lures bankers back to the office 5 days a week” Morgan Stanley has finally succeeded in bringing its employees back to their desks five days a week, sources told The Post — and the threat of layoffs proved to be an effective incentive. On Thursday, the Wall Street giant’s CEO James Gorman…
“Goldman Sachs boss David Solomon ‘bragged about getting oral sex night before’: complaint” Goldman Sachs CEO David Solomon boasted about his sexual prowess to a group of male colleagues, according to bombshell lawsuit that led to a secret $12 million settlement with a female partner. The head of Wall Street’s most prestigious investment bank bragged…
“Goldman Sachs yanks ‘free coffee’ perk as bankers return to five-day week” It’s time for Goldman Sachs bankers to wake up and smell the coffee — and pay for it, too. As employees filed into the Wall Street giant’s headquarters in lower Manhattan last Tuesday for a mandatory return to a five-day work week, they…
“Goldman Sachs lifts COVID protocols, urges workers back to office” Wall Street giant Goldman Sachs will lift all COVID protocols that have kept some workers away as it pushes all employees to return to the office five days a week after Labor Day, The Post has learned. In a memo sent Tuesday obtained by The…
“Goldman Sachs workers quit en masse at ‘toxic’ Wall Street giant: sources” Goldman Sachs has been hit by a wave of defections, and the atmosphere at the financial giant is at “an all-time toxic high right now,” The Post has learned. Six overworked first-year bankers quit and walked out en masse from the bank’s 200…