A group of 13 disgruntled first-year analysts at Goldman Sachs made waves this week by speaking out about their experiences at the firm. The resulting “Working Conditions Survey” (sample size: 13) said that the junior bankers worked an average of around 100 hours per week. Furthermore, the analysts rated their job satisfaction as two out of 10 and said they were unlikely to stay at Goldman in six months if working conditions remained the same. In addition to the long hours, the analysts cited unrealistic deadlines, being ignored in meetings and micromanagement as major sources of stress. Executives at Goldman Sachs have released statements and have asserted that they are taking steps to address the issues.
See "Group of Junior Bankers at Goldman Sachs Claim 'Inhumane' Work Conditions", Andrew Ross Sorkin, Jason Karaian, Lauren Hirsch, Ephrat Livni and Sarah Kessler, The New York Times , March 26, 2021