Found this cool list of quotes from a group of 13 first-year investment banking analysts at Goldman Sachs. The analysts called it the “Working Conditions Survey,” which polled the “self-selected” 13 analysts.
- “The sleep deprivation, the treatment by senior bankers, the mental and physical stress…I’ve been through foster care and this is arguably worse”
- “I can’t sleep anymore because my anxiety levels are through the roof”
- “My body physically hurts all the time and mentally I’m in a really dark place”
- “Being unemployed is less frightening to me than what my body might succumb to if I keep up this lifestyle”
- “There was a point where I was not eating, showering, or doing anything else other than working from morning until after midnight”
- “I didn’t come into this job expecting a 9am-5pm’s, but I also didn’t expect consistent 9am-5am’s either”
- “What is not ok to me is 110-120 hours over the course of a week! The math is simple, that leaves 4 hours a day for eating, sleeping, showering, bathroom and general transition time. This is beyond the level of ‘hard-working’, this Is inhumane / abuse”
Apparently, large bonuses and a lucrative career path in the big banks require some sacrifices…
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