Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Sun 09/01/2024 View Sat 08/31/2024 View Fri 08/30/2024 View Thu 08/29/2024 View Wed 08/28/2024 View Tue 08/27/2024 View Mon 08/26/2024
1
2024-09-01 Economy
Goldman Sachs will reportedly fire more than 1,300 employees
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by Fred 2024-09-01 00:00|| || Front Page|| [11149 views ]  Top

#1 

It does raise the other question.
How many were "special" social hires to check off the diversity, equity and inclusion campaign block, instead of just hiring the best no matter what?

ALSO NOTE
The HR departments in corporate America have admitted DEI causes higher than normal attrition rates, with expenses adding up to 150% of an employee’s annual salary, reduce productivity and cause R.O.I. issues

End Result
It cost Goldman-Sachs literally $1 Billion in profits, before it too dumped DEI.

$1 Billion, which relates to what GS charged customers for services over that period of time.
Posted by NN2N1 2024-09-01 05:04||   2024-09-01 05:04|| Front Page Top

#2 They may reduce the headcount but the 'butt count' costs remain until facilities are released.
Posted by Skidmark 2024-09-01 07:34||   2024-09-01 07:34|| Front Page Top

#3 But the economy is doing great!
Posted by Deacon Blues 2024-09-01 12:33||   2024-09-01 12:33|| Front Page Top

#4 Once you claim DEI has been stopped, it may tend to relieve the immediate pressure on management, but the cancer remains, grows and metastasizes, because removing the LGBTQXYZ/POC/Libtard elements is extremely difficult, litigious and visible. They protect their own and clustered around the HR departments in the beginning of the infestation by design.
Posted by NoMoreBS 2024-09-01 14:37||   2024-09-01 14:37|| Front Page Top

#5 Internally they blame Apple for issuing lucrative cards in their name.
Posted by Harry Platypus2574 2024-09-01 19:59||   2024-09-01 19:59|| Front Page Top

23:58 Pancho Poodle8452
21:43 trailing wife
20:51 Pancho Poodle8452
19:59 Harry Platypus2574
19:54 Harry Platypus2574
19:42 Lord Garth
19:35 Seeking Cure For Ignorance
19:12 Canuckistan snip
18:38 Besoeker
18:28 KBK
18:20 Frank G
18:18 Procopius2k
18:17 Besoeker
18:08 Chesney+Sleting4519
17:53 Nero
17:42 NoMoreBS
17:41 trailing wife
17:41 NoMoreBS
17:39 trailing wife
17:14 Nero
17:08 Ululating Platypus
16:35 Super Hose
16:30 Super Hose
16:14 Besoeker









Paypal:
Google
Search WWW Search rantburg.com