The whole point of the article is that "20" is not representative of the whole number.
Banks are pumping the brakes on hiring, they are losing good talent to other trading shops and investment firms, and they just aren't competitive when it comes to recruiting young people.
If comp is dropping and the firm is carrying out rolling layoffs, then there's not really much of an argument to be made that all is well at GS.
Banks are pumping the brakes on hiring, they are losing good talent to other trading shops and investment firms, and they just aren't competitive when it comes to recruiting young people.
If comp is dropping and the firm is carrying out rolling layoffs, then there's not really much of an argument to be made that all is well at GS.