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The bank’s profit rose to $4.11 billion, or $11.95 per diluted share in the fourth quarter, compared with $2.01 billion, or $5.48 per diluted share, a year ago, as per the Wall Street giant.
The employee called out the CEO for not sharing the gains with employees. (Photo Credits: X)
David Solomon, the CEO of Goldman Sachs, has come under fire after an employee of the global investment bank said they got absolutely nothing, despite their employer’s highest quarterly profit since the third quarter of 2021.
On January 16, Solomon wrote, “We are very pleased with our strong results for the quarter and the year. I am encouraged that we have met or exceeded almost all of the targets we set in our strategy to grow the firm five years ago, and as a result, we have both grown our revenues by nearly 50 percent and enhanced the durability of our franchise.”
“With an improving operating backdrop and growing CEO confidence, we are harnessing the power of One Goldman Sachs to continue to serve our clients with excellence and create further value for our shareholders,” he added.
The Goldman Sachs employee called out the CEO for not sharing the gains with employees. The now-deleted comment read, “Hard to believe that we are actually getting absolutely nothing from the success we have this year.”
Soon enough, the post garnered the attention of several social media users, prompting a sea of reactions. The internet community took to the comments section of the post to share their views.
“Hopefully you can pass on some of those gains to your employees who worked hard to give your company success,” read a comment.
An individual remarked, “Impressive growth over the past few years—it’s no small feat to hit those kinds of targets. What stands out to me is how staying focused on a long-term strategy really paid off. Especially in a market where confidence can shift quickly, it’s solid to see consistency like this.”
“Crazy that so many replies would fire someone for giving feedback. That’s not conducive to a healthy company culture,” wrote one X user.
An account wrote, “50 per cent revenue growth in just five years is incredible, proof that bold goals and focused teamwork can achieve great things. Excited to see how Goldman Sachs keeps raising the bar and creating lasting value for clients and shareholders alike!”
“I did this same thing, and the CEO texted me personally. He asked me to remove the post and keep these conversations behind closed doors,” posted a user.
Goldman Sachs’ profit rose to $4.11 billion, or $11.95 per diluted share in the fourth quarter, compared with $2.01 billion, or $5.48 per diluted share, a year ago, as per the Wall Street giant.
