New Delhi: Global investment firm Goldman Sachs has sacked more than 3,000 employees after 7.30am disguised as business meetings and meetings with senior managers were put on Google Calendar under “false pretenses”, media reported. The New York Post reported that Goldman Sachs CEO David Solomon “e-mailed calendar invites that called targeted employees to fake ‘business meetings’ at its New York headquarters last week”. Once the workers arrived at the conference room – some as early as 7.30 a.m. – they were told by their managers that they were being fired.
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“The managers were sorry to have to do this but their hand was forced and they wished him all the best,” the report quoted insiders as saying. Another employee was asked to arrive at 7:30 a.m. for a call with Goldman counterparts in the Asia-Pacific region. The affected employee “did not question the initial meeting as people from other fields usually do during off-hours”.
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Those dismissed were given the option of leaving the office immediately or waiting for co-workers to arrive so they could say goodbye. A spokeswoman for Goldman Sachs said that “this is a difficult time for people leaving the firm”.
“We are grateful for the contribution of all our people, and we are providing support to ease their transition,” the spokesperson said. The layoffs at Goldman Sachs were dubbed as “David’s Demolition Day”. Layoffs in global financial services also hit Indian workers hard and some affected IITians and IIM graduates shared their plight on various social media platforms.