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Goldman Sachs junior bankers complain of crushing work load amid SPAC-fueled boom in Wall Street deals

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A pedestrian passes in front of 200 West Street, which houses the headquarters of Goldman Sachs Group Inc., in New York.

Scott Eells | Bloomberg | Getty Images

Junior investment bankers at Goldman Sachs are suffering burnout from 100-hour work weeks and demanding bosses during a SPAC-fueled boom in deals, according to an internal survey done by a group of first-year analysts.

The surge in activity has taken a serious toll on analysts’ mental and physical health since at least the start of the year, according to slides released to social media and authenticated by people with knowledge of the matter.

“The sleep deprivation, the treatment by senior bankers, the mental and physical stress ……



Source cnbc.com

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