Lanhdanan
82613
3217
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Mar 24, 2021 11:22 AM
Lanhdanan
82613
3217
62
davebeastly
3dartwork
CEO cunts would rather spend MORE running an office w/ employees to keep an eye on them rather than letting em work at home. Idiots
Evi1Gav
Hey, he had a $10M pay cut last year . . . he only made $17M. He's just trying to get by by using office supplies.
Pinkkimono
I once knew an MD who made his secretary steal office supplies from other departments to protect their budget.
LuxVertas
can we bring back work houses for the uber wealthy, but lie and call them exclusive spa retreats and refuse to let them go until they work?
GreatOdinsTaint
I know a kid of a rich CEO. She basically said the family deserves their obscene wealth because he sometimes has to answer the phone after 5
krissboo
Fuck all will be done about this as usual. Also fuck the daily mail.
ImGoingToEatAllYourApples
@op why are you reading the Daily Mail? Hate filled, scaremongering pile-of-shit excuse for a media source
SecretAgentSuperBooger
Fuck the Daily Mail indeed. https://en.wikipedia.org/wiki/Daily_Mail
realargonwolf
There's not even a good reason to dislike working from home besides "we gotta remind these slaves who owns them".
destinoz
He doesn’t stand out from every other MBA trained sociopath occupying and executive role. Whatever makes them more money is the only goal.
Ricobe9
Goldman Sachs have been a problem for decades. They have a big responsibility in the 08 crisis and why Greece ended in huge debt
sambaah05
Greece is why Greece is in huge debt. GS just gave them the rope to hang themselves with.
Ricobe9
Sure Greece is not without fault, but Goldman Sachs came in to hide their debt and ended up doubling it
GrassssssssTastesBad
But how would working from home effect him?
Sheldonian
Have you seen minions working from home? Of course not because minions don't work hard and earn their few dollars being all lazy at home! /s
Splittmark
I bet all these companies wouldn't even lose profits if their ceos were gone. But let's keep them and give them 100,000,000 a year
HeyYouGetOffMyCloud
Fuck that guy
thegoodnoches
He's also a shitty EDM DJ...
kamosey
This makes me hungry.
atotalmoron
These people will continue to piss in our faces without consequences til the end of time. Bow down to your overlords.
PUNKem733
This is right, nothing will ever change, these sorts run the world. They're almost not a human in how they think.
BobGiven
Bastille Day is blowing in the wind!!!!
NomDeImguerre
Fuck America.
gradeD
Finance capitalism and the evils it enables are not uniquely American issues, sadly
SuperVillainWithAHeartOfGold
Let me guess, he's going to step down and they'll give him a 600m severance
Blueriverbaby
CEO’s like this are often psycopaths. We let our world be dictated by psycopaths. We obtain our ‘ethics’ from 1% of the population.
PaulHurley
IWasGoingToMakeEspresso
+1 for Bad Janet
SpikeWolfwood
I wonder what his fatty overfed liver tates like.
v
pareidoliaperson
Medicines and organic food. Probably.
Lanhdanan
Left my Chianti around here somewhere ...
DrakeRamorayMD
This made me chuckle
MantisTobogganPilotMD
foie gras
MaverickTama
All those Michelin star sauces.
BladeTurMoiL
My fatty liver is offended :(
BobbyVegana
Taste like shit, he is a sack of it
yermawsmaw
Anyone got any fava beans?
AlienNippleAntennae
(Sucks teeth rapidly)
FnordGallop
Especially toxic, if it's a human liver. Do not eat human liver.
Jagerbeast
Goldman Sachs is responsible for basically every recession since they were founded
samsonsimson
That’s unfortunately the very definition of banking/finance. Their lending and repayment schedules create natural recession cycles.
DisgruntledFerret
mity0k23
Someone must’ve typo’d. Cuz it’s definitely been an aberration. Now what would this guy actually say, abhorration or abomination?
Bukkhockey
Why spend time caring about this?
Kerberos623
I don't want solutions, I wanna be mad!...or something.
beardedbeerdeer
He should get Sached for this.
itcamefromthesea
You mean he should be brought into a complex corporate transaction where a middleman investment bank plays both parties and takes his money?
beardedbeerdeer
I guess that works?
JessicasJonesing
All it would take to bring down these rich assholes are unions and strikes. His whole company should strike until he's fired.
Aaronb1138
Except Goldman employees aren't normal decent people. They're the baddies and this is their religion:
JessicasJonesing
Amazon workers should form unions and strike until Bezos is fired. Shut it all down and they'll force him out. Not realistic but it'd work
Lanhdanan
Bezos leaving soon. Stepping down. But not because of some moral reason, probably tired of being villainized and Amazon.
OrionRed
You'd think... but all jobs are easily replaceable now. Too many people unemployed and willing to scab.
whateverthevoicestellme
General strike? Are americans ready for a general strike? May 1 is coming around so...
BubblesTheFish
I'd be fired, starved, and homeless.
ThatsGrimKraken
As someone trying to find a job, im sure many companies are using that as leverage against their workers. 'You can be replaced' rhetoric.
Brennusthecelt
We would be ready for it if the partisan divide weren't so vast. We have a long way to go for working class solidarity.
storebrandproductmascot
Most of the Democrats would oppose that, too, since they vote corporate friendly candidates & get their info from corporate media.
Brennusthecelt
Unfortunately that is correct and part of the reason we aren't likely to have solidarity. Everyone thinks that everyone else is the problem.
Rolsun
The greatest con ever pulled, convincing poor people to support the rich over themselves.
abazoe
He also said “go the extra mile” when his employees protested their 90+ hour work weeks. “We will try to protect Saturdays”. What a sink
GreaterDog
I am not ready to let this sink in
ddet1207
That's a common misconception. He actually said "go for the extra miles" and was talking about his travel rewards.
Aaronb1138
The typical Goldman employee (or anyone in finance / investment):
zephyruk
Yes but you're forgetting the company only made $9.46 billion in profit last year...
Slamtastik
When the pandemic first started my boss said "run torwards the fire" he wanted to make more money off of the pandemic
eetsumkaus
tbf, their employees make $200K+, and average is $350K+. These are not your average workers.
soepie7
Wtf, that's over 12 hours per day, assuming you work every day. 15 hours if you have a free day in the week.
alcoholdistributer
Yup
Pinkkimono
These kids don't get time to shower. Try 18hours a day working out at below min wage unless u make it to bonus season.
ItWorksOnMyComputer
Goldman has a reputation, to those of us fortunate to be a dev in banking, as one of the banks that cares least about work-life-balance.
gunganjesus
Time to move to Spain
lynxBeast
Literally where were at as a country like 90 hour work weeks are slowly growing closer to norm
lynxBeast
Then the ones that don’t tel the ones that do it’s them paying their dues. Like suffering is passable.
Aaronb1138
High hour work weeks are normalized because individual greed on the part of workers. They can level up from 6 to 7 figures in a few years
eetsumkaus
yeah, people are dumb.. GS are the elite of the elite and they CHOSE this and are compensated accordingly. They're not your avg laborers
Aaronb1138
Yeah, the industry fantasy / Cinderella story is to literally become Jeffery Epstein...
MrCalamiteh
uhhh... what? are you just saying all people in finance are pedos? you mighta missed the mark a little
Aaronb1138
if their performance and networking skills are there. No sympathies for people in finance and investment industry. They chose those careers
Aaronb1138
out of straight greed for high income and part of the known toll is absurdly bad work-life balance.
GentlemanJawa
Employees working more than 40 hours a week is a management failure. I know it’s common but most managers are shit and fail so....
HenryLongfellowIII
Getting employees to consistently work unpaid overtime is management *failure*? The alternative is to hire more low performance droids.
pocketpython
I'll happily work more than 40 hours a week - but ONLY if they pay me overtime at 1.5x +. Sadly a lot of these analysts are salaried...
pocketpython
To quote: "Fuck You; Pay me"
mday8
No, it's actually a win. A planned form of wage theft they get away with. If it would hurt the bottom line it would be gone by noon.
eetsumkaus
you don't work at GS because you have no choice. These analysts and traders and devs go in KNOWING that and that they'll be paid accordingly
GrandPubabofMoldistan
Honestly it depends on the field, but for most fields yes >40 hours constantly is a failure of management
jattie
Only common in the US
Death83
I absolutely agree. Management includes TIME management.
RadonGaming
It's a chain of management. Higher ups not giving your manager things they need like staff. Common in my field to be overworked.
RossDunbar
Trying to explain this to my manager at the moment - they reckon 8-6 is reasonable, I do not. What happened to 9/5?!
DeZaim
Quite often is 5am - 6pm for me. I love my life.
GentlemanJawa
Yeah that’s absurd. I work as a project manager and when they try to say 50h per worker per week should be my baseline I laugh and use 32.
beeeeeeerkaaaaa
I had a manager who thought 8-10 was reasonable with a quick dinner. She's no longer with the company.
Manae
PAID lunches? What are you, a COMMUNIST?
ALovelyTime
Markets and banks are closed on the weekends. Why exactly do these people need to work weekends? Fuck all that noise.
UprootedGrunt
Foreign markets, probably.
jamesn86
Because clients are bastards who demand shit be turned around overnight. Then your dick boss agrees to the tight timeline. It sucks.
Cherrypoppins69420
Yup. And the model in the accounting industry is incredibly toxic. Sacrifice personal/family time for no extra pay for 5 years b4 you're
Cherrypoppins69420
Someone to even be acknowledged. Another 5 years of that if you want partner. Then YOU get to be the POS fucking over the people in your spo
spacecowboyein
It's the same in law. That's why I never tried to get onto partner track in the first place. Work-life balance is more important.
HenryLongfellowIII
They make quite a lot of money in exchange for giving up their lives for years. The way it is.
EchoWhiskyBravo
Getting deals ready. Pitching deals. Etc. The GS employees all make 6+ figures, so don’t weep for them.
coffeeismyfriend
Not all.
Jjjaay
Not just trades, they hire a lot of people for data analysis, algorithm design, machine learning, etc.
ALovelyTime
If they’re not trading why can’t they do it during regular hours? The answer is “because corporate fuckery” but that’s my point.
eetsumkaus
that's not really unreasonable. Trading time is for trading, the other times are for everything else.
talldrink413
Tons of excel analysis etc. This is the gauntlet. Not saying its right, but it is a choice to partake in it.
talldrink413
Not to mention they get paid very well over 100k & stand to make high 6 into 7 figure salaries if they pass the gauntlet. So cry me a river.
inb4thewar
If you work 90 hours a week to make 100k, you're really only making 44.4k a year. The hope of a future (bottlenecked) salary is also poor EV
talldrink413
I like your math. Also on average its closer to $150k annually
eetsumkaus
when you're playing the market as a casino, you don't want to be doing your calculations while trades are going
TonnerreCadien
Well, he wasn't working from home, right?
jealoussandwich8888
He doesn’t work. He tells other people to be more productive and gives himself millions of dollars in raises.
kiddub
What about second home?
TonnerreCadien
I guess I always hoped that hobbit overlords would be more chill than that.
GrassssssssTastesBad
What work
Sheldonian
No, but I bet he argues that the 7 days he works at a month, he works really hard from his big office, not from home! /s
Lanhdanan
I would wager he hardly works ever.
TonnerreCadien
Truth.
khtad
I hate to kill this circle jerk, but one thing bankers do is work a lot. I promise this guy works a ton.
DVSBSTrD
Yeah no, this guy is a CEO.
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khtad
Yep, exactly. Criticism is a lot more effective when it's not absurd on it's face.
DuckPlanetKing
Is that actual work time or does that include social events or lunches and dinners with clients?
cookfan
Yeah you can hate the guy and yes he vacations a shit ton but he also works a shit ton. Not an excuse but very likely a fact. Still an ass.
jealoussandwich8888
Unless you can prove it, I sincerely doubt it. “Work” is not fine dining for every meal with billionaires.
khtad
Analyst positions at GS start at 930am and go until after midnight. They even buy you dinner. It’s a famously hard working profession.
cookfan
I get it though. You want believe all super rich people are evil and undeserving of their money. It's a nice sweeping generalization.
cookfan
So you are saying they pay him to do nothing. I guess you can have that opinion, but unless you can prove it, I sincerely doubt it.
TonnerreCadien
Have you ever worked construction, or done other backbreaking work? Because calling what this asshole does "work" is an insult.
khtad
Yeah, my first job was night shift labor at a rock quarry then I worked my way through undergrad and grad doing food service.
khtad
You’re just flatly wrong about this.
TonnerreCadien
Not counting his stock options, he makes ca. 275x what I make a year, and I'm a PhD scientist. Does he work 275x more hours than I do?