Not sure might be they stack rank and fire the 'bottom' 5% | Hacker News

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		Gibbon1 on Oct 27, 2016 \| parent \| context \| favorite \| on: How Goldman Sachs Lays People Off Not sure might be they stack rank and fire the 'bottom' 5%

ciaranm on Oct 27, 2016 [–]

That's exactly what they do. It's heavily based on performance evals. I remember the first year I was there, we were told it'd be around an 8% cut. Our team lost exactly that 8% in headcount.

lloyd-christmas on Oct 27, 2016 | [–]

Reduction is different than the annual culling.

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