It's nothing personal: On Wall Street, layoffs are a way of life
Big companies such as Amazon and Google have recently announced layoffs. In Wall Street, getting cut is always acknowledged as an ever-lurking prospect – but it still stings when it happen.
by David Gura
Feb 05, 2023
3 minutes
A few days before Goldman Sachs laid off more than 3,000 employees, Emma Alexander and her coworkers were feeling nervous.
News that the layoffs were coming had already leaked, and anxiety across Goldman's global offices was high.
Then, Alexander got a message from her boss, asking her to come to the conference room.
"And I was like, OK, great," she recalls. "I guess it's me. I guess it's happening right now."
Twenty minutes after meeting her boss, Alexander turned in her badge, and she left her office in Dallas
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