Investment Banking

Goldman Sachs CEO Solomon promises to beef up junior ranks after scathing survey

The Goldman chief responded to a leaked presentation from analysts detailing 100-hour weeks and brutal bosses

Goldman boss David Solomon told juniors: 'We’re here to provide support and guidance. This is not easy, and we’re working hard to make it better'
Goldman boss David Solomon told juniors: 'We’re here to provide support and guidance. This is not easy, and we’re working hard to make it better' Photo: Getty Images

Goldman Sachs chief executive David Solomon has promised to beef up its junior ranks and protect at least one day off a week after a group of analysts highlighted 100-hour weeks and burnout.

Solomon told staff in a voice message on Sunday that the firm would be more diligent about enforcing so-called protected Saturdays, when juniors are not expected to work from 9pm on Friday until 9am on Sunday.

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