Navigating Layoffs: Why Honesty Is The Best Policy For Leadership [Forbes]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: Forbes
“We're doing a strategic resource assessment.” Goldman Sachs “We're going to be reallocating our resources.” Anonymous Ghee, whatever happen to being honest and speaking in plain English? Let's just call things what they are. Goldman Sachs is culling the herd, so why don't they just say so. It's obvious that PwC is doing a layoff. Why are organizations renaming something that already has a name? The Problem with Corporate Euphemisms Companies often use vague or sanitized language when discussing job cuts. However, this approach can backfire. Here's How: Erosion of Trust : By avoiding direct language, companies risk damaging their credibility with employees. The use of euphemisms can be seen as an attempt to downplay the impact of layoffs or to make it appear that things aren't that bad. Confusion and Anxiety : Unclear communication can leave employees uncertain about their job security, leading to increased stress and decreased productivity. As a result, often the peo
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Earnings
- 7/16/24 - Miss
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Sec Filings
- 9/18/24 - Form 424B2
- 9/18/24 - Form 424B2
- 9/18/24 - Form 424B2
- GS's page on the SEC website