One Goldman insider said it was “ironic” the bank was looking to celebrate itself at the same time it admitted it had “hugely overlooked discrimination and harassment between employees.”
Goldman staged a “culture fair” to celebrate diversity, equity and inclusion last week – and the timing was a bit awkward. $215 million to settle a 13-year-old sex discrimination suitLast Thursday, meanwhile, the Wall Street hosted its high-minded culture fair in the bank’s Sky Lobby, the recently redesigned 11th floor “hub” where Goldman CEO David Solomon forced executives to relocate after the pandemic.
“I guess they are celebrating the Goldman culture of treating execs like celebrities and wearing ‘Fratagonias,” one insider sneered. It’s desperate,” another Goldman insider told On The Money. “I guess Goldman has gotten to the point where they have to do something special to teach what their culture is.”
But in addition to candy and tote bags, the Wall Street giant was also handing out lunches with executives as top prizes. A source said it was unclear who the executives would be.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs will pay $215 million to settle gender bias lawsuitInvestment bank Goldman Sachs has agreed to pay $215 million to settle a gender discrimination lawsuit that’s been ongoing for more than a decade, the company and plaintiffs announced late Monday.
Read more »
Goldman Sachs settles gender discrimination lawsuit for $215 millionGoldman Sachs will pay $215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions.
Read more »
Goldman Sachs pays $215 million to settle lawsuit for underpaying womenIn addition to Goldman Sachs paying women less then men, plaintiffs described how male supervisors allegedly created a 'boy's club' culture.
Read more »
Goldman Sachs to pay $215 million to end gender bias lawsuitGoldman Sachs Group agreed to pay $215 million to settle a class action alleging widespread bias against women in pay and promotions.
Read more »
Goldman Sachs settles gender discrimination case for $215MGoldman Sachs is paying out approximately $215 million to settle a lawsuit filed in September 2010 accusing them of discrimination against women in the company.
Read more »
Goldman Sachs to pay $215M in gender discrimination suit to avoid trialGoldman Sachs is paying $215 million to settle a long-running class-action lawsuit where 2,800 current and former employees claimed the bank underpaid and under-promoted women.
Read more »