"I do not want my team to hire senior people from Goldman Sachs"
I have never worked for Goldman Sachs, but I have worked at several top US banks where ex-Goldman people have joined in senior roles. I have never found them easy to work with.
When senior Goldman people are hired, they often behave in the same way. I've found that they try to replace their direct reports with new people. Those new people are either people they’ve worked with before (often at Goldman), or in some cases their friends. That doesn't seem to happen with people from other banks.
It creates a difficult dynamic. It’s like they want to create a group of people who will be incredibly loyal to them and it makes life difficult. There’s almost always a reorg within the first year.
I’d appreciate knowing whether anyone else has had this experience in the comments below.
Patrick Laffitte is a pseudonym
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