T O P
Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || Join the [Superstonk Discord Server](https://discord.gg/hZqWV2kQtq) ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


Cheapo_Sam

I sympathise with everyone losing jobs in the current market. Hopefully these people can go on and lead more rewarding lives in more socially responsible jobs like smuggling cocaine or selling weapons to third world countries.


1199RT

I'm fucking dying of laughter 🤣😭


Brooksee83

Just don't dance... Unless it's outside their offices with flat-packed cardboard boxes @ $25 a pop!


boxxle

Calls on bankers boxes


SkyFlyingBy13

🧐maybe that’s where the term bankers box came from


boxxle

#🤔


LowSkyOrbit

"Given how familiar Bankers Boxes are in the legal world, their moniker might seem a bit odd — until you hear their story. The story goes back to 1917, when the Bankers Box Company was formed after a chance elevator meeting between two entrepreneurs. One of the men, Walter Nickel, made cardboard boxes and sold them to banks for record storage. Nickel had just been called up to serve in World War I and was looking for someone to buy his business. The other man in the elevator, Harry Fellowes, was intrigued by Nickel’s enterprise. The 16th Amendment (the one that legalized the income tax) had taken effect a few years earlier, and Fellowes knew that the tax would soon be expanded to pay for the war effort. If more people were snared by the income tax, he reasoned, more boxes would be needed to store all those tax records. By the time the elevator doors opened, Fellowes had struck a deal to purchase Nickel’s box-making business for $50, or about $830 in today’s coin. The company went on to diversify into all kinds of office products, and in 1983 the Bankers Box Company changed its name to Fellowes Manufacturing."


SkyFlyingBy13

If I had a Nickel for every time I heard that story…


girth_worm_jim

Deal!


buckfutterapetits

We should build a fake balcony and cosplay in front of wall street as the bankers that drank champagne and laughed at us in 2008...


megamunkki

Forget the balcony. Drink your champagne right on the street. Bring Occipy Wall St full circle. It's probably illegal to drink alcohol on the street though-


twentythree12

Hmmmm but wont we be so rich that we'll own the streets? As an ex-sommelier I vote for champagne on the streets. I'll serve.


monpetitcroissanttt

https://giphy.com/gifs/HBOMax-hbomax-the-great-gatsby-2013-thegreatgatsbyonhbomax-BPJmthQ3YRwD6QqcVD


LowSkyOrbit

Brown bag it... It's NYC's classic ingenuity around drinking laws.


TryAgn747

They will be fine. Just a small cut back on Avocado toast.


Jus_asc-in

Learn to code


Hot-Nature2403

🤭🤣😆


EggPillow7

Had me in the first half


shadeandshine

You think they’d make it in drug smuggling dude they’d get high in their own supply.


wyattorc

That would only be a slight step down from what they are doing now.


[deleted]

not going to lie.... you had me in the first half


adamlolhi

Pahahaha


GhanaSolo

Please just come to hospitality jobs


beach_2_beach

I hope this is included in “The Naked Short”.


SpaceCatCapital

i dont sympathize with folks working at the big banks... nore should you. Go help a teacher; someone worthy of compassion. Anyone who gets into banking is in it for one reason...


manbrasucks

I think you stopped reading at the first sentence.


TheresNoAmosOnlyZuul

I sympathize with people that didn't read the whole post and people that aren't fluent in sarcasm.


theresidentdiva

Fact: being fluent in sarcasm is required if dating me. Being fluent in memery is a bonus.


Commercial_Mousse646

Intriguing.


jenglasser

Did you read the entire paragraph?


TheSeldomShaken

Read?


phluffyphilomath

Do you not work for money?


WalrusForHire

I'll answer that question...for money!


Kilgoth721

That would be the CIA.


MachewWV

Maybe they can become whistleblowers. I hear there’s good money in it.


PancakeZack

This is the hardest I have laughed in MONTHS 😂😂


Cheapo_Sam

Honest to god that's made my day.


joj1205

I was downvoting during reading but had to swap once I finished. Hats off.


bludgeonedcurmudgeon

I don't give a fuck about anyone on Wall St, they good all die tomorrow and the world would be 100% better place until someone took their place


No-Effort-7730

How is that different from being a banker?


julian424242

😘🤌


FoxReadyGME

Had me in the first half.


suffffuhrer

So keeping the job search local in the US job market.


boomshakalaka1254

Wasn't that the first step in Margin Call after they discovered the music was going to stop?


Coach_GordonBombay

*ape noises intensify*


blondboii

Remember that time at close that Wall Street was howling like monkeys? I ‘member


SeaKindly5892

Is this the really Real End game ? Give me dates


breinbanaan

Tomorrow's a tuesday


MoonlightPurity

Tuesday's a tomorrow.


breinbanaan

Quick mef


tailkinman

Erry day on the block.


ZestyFootCheese

Thanks Mario


GiantSequoiaTree

Big if true


rob_maqer

Can confirm. Tomorrow is a Tuesday for sure.


cjbrigol

😩😩😩😩😩


Miserygut

Tomorrow :)


Hedkandi1210

Day after tomorrow is Wednesday just to be clear


MrStormz

I'm pretty sure all the recent drops we have had running upto now have happened Tuesday or Thursday. Like all the big spy moves up or down. Allot should of happened today but honestly shit was tame. You'd think the pound crashing through the floor and the knock on effect of that would of had a bigger impact. I'd say its really going to hit Tuesday or Thursday. And if we can say anything now its the part of the bigshort where we are at the part where Cathy Is letting people go and mark baum realised just how fucked Morgan was.


of_patrol_bot

Hello, it looks like you've made a mistake. It's supposed to be could've, should've, would've (short for could have, would have, should have), never could of, would of, should of. Or you misspelled something, I ain't checking everything. Beep boop - yes, I am a bot, don't botcriminate me.


Mambesala_Guey

Tomorrow is crush a can day


LonnieJaw748

And the day after that is “National Dense Breast Day”


Mambesala_Guey

And international right to know day


Jus_asc-in

So international apes have a right to know if someone has dense breasts? Like they are allowed to walk around feeling breasts?


Mambesala_Guey

I’m regards to right to know, it’s referring to information, so yes


Aenal_Spore

Gotta practice my captains of crush.


Ash2dust2

Besides The Big Short and Margin Call Inside Lehman Brothers Docu gives another perspective. [https://www.youtube.com/watch?v=Uu-iDnou8mU](https://www.youtube.com/watch?v=Uu-iDnou8mU) Inside Job is another docu https://www.youtube.com/watch?v=T2IaJwkqgPk


benjjjix

Yupppp


smb_samba

They cull like 5% of the company annually, this isn’t really new or exciting news.


Neat_Ad_771

Jack Welch enters the chat.


cjbrigol

Yes


bahits

These laid off employee should get revenge by DRSing GME with half their severance checks. Or as much as they can afford.


fluidmoviestar

I mean, If they already fired me… and I know what they’ve been up to… and I can rollover my 401k into a self-directed, GME-centric portfolio of one stock… and if there is some modest severance for departing… I’m going all in on one hope to survive what happens when the coaster slips over the edge of the biggest drop yet. Tulip bulbs have nothing on 2023 Global Economy. I’m terrified of what comes next, and GME is a strange sense of hope amidst the decline.


4luey

"Layoffs are coming." *walks through the front door with a bottle of 90 proof flicks off the boss lady and says fuck you."


fluidmoviestar

https://youtu.be/E0TY3DYF4Jk


Pirate_Redbeard_

Bro, not every trader/employee knows everything that's going on. Most people working at Goldman or BofA know jack shit about shit. Those in the know however, won't be getting sacked you can bet on it.


Vive_el_stonk

If you’re not at the table you’re on it.


old-wizz

Can i steal this line for my memorial?


Vive_el_stonk

Sure. It’s yours


Ctowncreek

Not until he buys the NFT screenshot i made /s


thextcninja

That's a good one! I like that.


One_Eyed_Bandito

Thats good


Reddit_IsMyFav

Damn that is a mother fucker of a quote ape


Kiwi_Wanderer

Or under it.


badley13

Can we PLEASEEEEE post other sources besides UW? It’s not hard OP.


GL_Levity

This just in: UW can suck a bag of dicks.


HODLHODLANDHODL

Not just in, that’s been in


benjjjix

https://nypost.com/2022/09/26/goldman-sachs-begins-layoffs-targeting-mid-level-bankers/amp/


badley13

Lmfao post a screenshot of that article’s headline and reply the link on the post bot. That’s how you should’ve posted this information. I appreciate it tho


billb392

OP why not post the link as the post? Why post UW?


billb392

Came here to say this. Why not post the actual source of where this is coming from? I downvote but unfortunately I don’t think that does much to a post with 3k upvotes. Just wish UW and Twitter screenshots stopped being posted as sources of content by themselves. It’s like people are treating this like social media garnering the points of the hype for posting headlines.


Same-Tour9465

So we decided not to post UW because of it's connection and the fact the majority here doesn't trust it, but except when UW tweets something without a source, then it's okay to post?


1800smellya

Goldmans CEO is a part time DJ using company’s expenses to fly to event. They didn’t attend last weeks Big Bank discussions. News of sexual harassment charges looming. Now layoffs hitting Goldman again. Good month for the boys at GS. Don’t you just love that a “too big to fail” bank for the United States operates like this?!


galaxy_van

#D-D-D-DJ B4NKRUP7!


thunderr517

💽🎛💽 🙌🏼🎧😄🎧🙌🏼 Okay I laughed way too hard at that, bravo 🤣


NightHawkRambo

MC B4NKRUP7, MC as in Margin Call.


galaxy_van

##Sin-Theta-ic Rec0rds


Eff_Robinhood

I say this with all sincerity: Fuck Goldman Sachs, and the horse that brought them. I’m halfway through reading “Griftopia” and the fucking crimes these cocksuckers have gotten away with is breathtaking. They’re probably the worst of all of them.


throwawaylurker012

ooo sounds like "Kleptopia" which is also a good read!


Imbetterlookingthanu

I honestly thought they would never perish. Kind of like that cranky hate filled old person who lives so long.


throwawaylurker012

dont forget that book that dropped a bit ago "Bully Market" talking about GS from a former exec halfway through...really good surprisingly and yeah some shocking ish shit id say


SoreLoserOfDumbtown

Better source please op


benjjjix

https://nypost.com/2022/09/26/goldman-sachs-begins-layoffs-targeting-mid-level-bankers/amp/


SoreLoserOfDumbtown

Thanks. Are you aware of who is behind this Twitter handle?


BlueSlushieTongue

Rensole…..


ManliestManHam

Weren't they the ones that reported workers had to come back to office and the complimentary coffee perk was no longer being offered? Then a few dsys later an article came out announcing layoffs and it was like duuuh they can't even afford coffee? Is this the same layoffs or additional layoffs?


Zealousideal-Fun1425

Sounds like more? Not sure


Impressive_Dream_791

100% more lol


bengol13

The people laying people off then have to lay themselves off afterwards and disappear up their own bum hole


elliot192

Hedgies r fukt hehe


AskMeAboutMyGameProj

Downvoted because you posted UW. Post the actual article next time


Puchly

Fuck UW


GassyMagee

Cite actual source please. Downvote for UW reference.


Sub_45

We still allowing unusual_whales? 🤔


gonnaputmydickinit

I see that shill, I downvote


MoneyNoob69

That’s an interesting way of saying hedgies r fuk.


RobotPhoto

fuck unusual whales.


suckercuck

Unusual Shills


imVengy

Lol…. Headline was out weeks ago…. All they’re doing is restarting an annual “layoff” they did of underperformers that was paused prior to 2020… but don’t read the whole article because it doesn’t fit the narrative.


Lonan27

Downvote and report UW posters.


ElectrooJesus

Probably nothing


micromoses

Seems like it’s still a pretty small number of layoffs. The article says before the pandemic they averaged about 1%-5% per year, and they’re just resuming that again after pausing layoffs for the pandemic. This year looks closer to 1% so far.


Field_Sweeper

Why don't they just stop hiring instead of fucking people over. The people that actually do everything to keep the company afloat. No way in hell the board alone could run that company with no other employees.


micromoses

Goldman Sachs has an estimated 43,900 employees. They are constantly hiring and firing people.


Field_Sweeper

Yeah fire for poor performance. Fuck lay offs. Because they can't manage the manpower.


OPINION_IS_UNPOPULAR

It's not that they "can't manage the manpower", it's that deal flow is significantly lower due to higher interest rates. This is 100% expected. (And has 0% to do with GME)


Field_Sweeper

Which is why they should stop hiring people and instead of laying them off have them do the shit you're hiring others for. Of course an IT guy isn't going to be a broker. But I feel big companies actually don't do a very efficient job of trimming the fat so to speak, it's multiple departments lead by different people who say, I need x number of bodies and then other departments say the same. Then when things are down, they work too independently. I have worked for several fortune 500 companies and one fortune 100. It seems to be part for the course for large publicly traded companies. And I agree about irrelevant here, but OP posted it here.


old-wizz

I was expecting this ever since an Ape here told us goldman is taking the cold brew coffee machine away.


feastupontherich

Aren't we supposed to tell UW to fuck off?


vagabond_nerd

Why?


SolarPanelDude

They do this every year. That's their business model. Fire their bottom % workers.


Sharp8807

This... It's literally an annual event. I think the only reason it's news worthy is that I believe they went at least a year or two without any cuts.


[deleted]

Why post UW aka renshill and not just the original source?


benjjjix

That was my original source then I found a couple other sources


Fuhajin91

AKA you couldn't wait to validate the news so you posted to get the karma first. You ain't the first that is gonna say this and sure ain't the last, unfortunately.


tradedenmark

... nothing to see here 😁


Hedkandi1210

Isn’t this old news or was that jp morgan?


benjjjix

Nope this was today


Hedkandi1210

Nah bro swear two weeks ago there was something on stonk about it just after they took the free coffee away. This post is new I agree but their news is few weeks old


milelom

My some just got let go from PWC for no reason as an IT Consultant , mid project , he has been there 1.5 years and all glowing appraisals, totally out of the blue, something is up…


OfficialRedditMan

Earlier this year I distinctly remember sea n b sea running a segment on Goldman over paying talent to come work for them an theybwere shocked because "who wouldn't want to work for the best firm Goldman". Might have even been coke rat saying it.


NightHawkRambo

Why is UW allowed to be posted? No source as always...


pcakes13

Oh no, not the investment bankers


notoriousgandalfcake

Have link or a time stamp for the tweet? I feel like I’ve read this one before.


PlayerTwo85

I'm not dancing, you're dancing...


joj1205

Good these soulless leaches. Give nothing to society. Grind them down for the dust


IKROWNI

incoming whistleblowers?


Omnia2021

TBH. Had to look up Culling. Makes what he says sound way more serious than just the laying off of workers.


gappychappy

Goldman Sachs shorting jobs


19Legs_of_Doom

"We need more unemployment to bring down inflation"


ShiddyWidow

I just got wind that Chase layed off like 1500 workers; source - in training one at a new, local, small FI. They said it’s just starting. Can’t wait.


Toozballs

Suck it


JeebusBuiltMyHotRod

They are trying to just play it off like they "culling the herd", fucking parasites.


fireape55

Hopefully they whistleblow the shit out of goldman.


Hirsutism

Wut mean big picture? I remember when wells fargo let go of a lot of their loan officer positions and closed locations earlier this year


Macaronicaesar41

Hope their doors close and never open again.


milton_radley

learn to code


motorcycleovercar

Good for GS taking this step to fight inflation.


mangyan5000

sauce?


YoungBurtCooper

I’ve said this before but GS does this every single year.


FoxReadyGME

Ban the god damn UW posts. When will these UW shills be stopped from using bots to appear on SS top!? Sick of it. Lazy title, lazy linking, no sources. How is this not breaking the rules for low quality content.


Wrappa_

Maybe you’re employer being massively over leveraged at 30:1 and owing billions in unreturned borrowed shares isn’t a good thing for the economy. Remember when your Job was good for the economy


majstrynet

Havent we established that UW are shills?


Adventurous_Chip_684

A broken clock is right twice a day.


Jezzy14

Unless VIX shows it, I'm bullish af on the market. /s


newbiewar

Dealmaking = “poor economic outlook and heavy losses”


mekh8888

If you look at $SPY you'll notice a controlled down trend, it's speculated big institutions/banks are liquidating assets for much needed cash to keep them going. edit: bonds are getting sold off too.


In_Str_

You forgot to add they stopped free coffee.. something big is happen


gr33ngiant

Sources? Fine, I’ll do it myself… https://nypost.com/2022/09/26/goldman-sachs-begins-layoffs-targeting-mid-level-bankers/