Sweat Shop in Technology department - Vice President Technology Goldman Sachs Employee Review

2.0
5 Apr 2015
Recommend
CEO approval
Business outlook

Pros

Good on your resume Will meet hard working people .

Cons

constant cost cutting initiatives. Goldman technology feels they are great in technology and different than other firms.Surprisingly these comments only come from people who have never worked outside the firm. Reality is that they are not really different and in fact their technology is very out dated resulting in hard work for people and difficult release cycle. Everyone I meet has a constant fear of layoffs. They are just hanging in there till the inevitable layoffs happens Not a good option for 10+ years experience laterals.Most would be used for layoffs bucket or lower ratings in appraisal cycle Benefits that used to great are declining every year.health benefits premiums and deductible has increased a lot No work from home even for genuine cases All in all not worth the hard work you put in. Better compensation/work life balance outside The whole firm is pushing toward outsourcing to save money. It has a 20-20 rule. Be prepared to work 20%more on 20% less salary than competitors They will really keep an eye on you on every small things like when you come to office,how may breaks youtake etc

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5.0
4 Jul 2026
Recommend
CEO approval
Business outlook

Pros

good pay and nice office

Cons

work culture and office culture varies

3.0
30 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The firm encourages and supports to change teams, which is helpful in expanding experience or moving away if you aren't happy with your team

Cons

The promotion has become very opaque lately. They hardly give out promotions, but make you slog and overwork the whole year in the name of it. Basically, you have worked 200% and made to look like a fool by the end of the year.

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