500 people over a relatively short period is noteworthy, even if one of those events only had twenty people in it.
Also those twenty people likely weren't in a union so I doubt they had service jobs like running the coffee shop.
Also those twenty people likely weren't in a union so I doubt they had service jobs like running the coffee shop.
The real number is also not 500. It's closer to +1000. Many layoffs at places like Goldman are handled in a way that they do not appear to be a layoff to outsiders nor are they disclosed in that way.
The coffee shop comment was a bit of sarcasm but who do you think is getting laid off here? Millionaire VPs? MDs? Goldman is struggling to hire and keep younger managers right now.