Goldman Sachs: Are You Burnt-In or Burnt-Out?

In March 2021, a group of junior investment banking analysts at the Goldman Sachs Group, Inc., an American multinational investment bank, told senior management that they were suffering burnout from having to work 100-hour weeks. Nearly a year since the start of the pandemic, this workplace culture crisis heightened the importance of senior leadership prioritizing employees’ mental and physical health. In addition, it drew attention to the importance of person-organization fit and to the changing labour market. A top-ranked undergraduate business student recently received a full-time job offer from Goldman Sachs. After learning of critical incidents of employee burnout at the firm, she was considering whether the company culture aligned with her values and whether she would be a good fit there.