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‘I’m in a dark place’: Leaked Goldman Sachs survey shows just how stressful it is being a junior banker

An informal survey passed around among new recruits detailed claims of being shouted at, unfairly criticised, ignored in meetings and overworked

A pedestrian passes Goldman Sachs headquarters in New York. A leaked document outlined gruelling experiences for junior Goldman bankers.
A pedestrian passes Goldman Sachs headquarters in New York. A leaked document outlined gruelling experiences for junior Goldman bankers. Photo: Michael Nagle/Getty Images

Goldman Sachs has ramped up recruitment of junior bankers amid a surge in workload after a leaked survey of new analysts highlighted an increase in stress and mental health issues.

An informal survey passed around among 13 new recruits detailed brutal hours as well as claims of being shouted at, unfairly criticised, ignored in meetings and overworked. Goldman analysts have worked an average of 98 hours a week since January as deal volumes have spiked, the survey respondents said.

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