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      Goldman Sachs reviews

      Legacy IT costs / No premium for technologist working in Financial Services IT - Vice President Goldman Sachs Employee Review

      3.0
      Jan 5, 2009
      Vice president
      Recommend
      CEO approval
      Business outlook

      Pros

      What are the best reasons to work for Goldman Sachs? More appropriately, What WERE the best reasons to work for Goldman Sachs. Technologist were paid a premium compared to other industries, but that premium is far gone and will not return.

      Cons

      IT organization is grown too fast and too slow to keep up with smaller firms. IT is not a direct generator of revenue except for a very few divisions (algo trading etc.) Large legacy infrastructure not designed to benefit from current computing cost savings trends. (and don't tell me migrations are easy or cheap or on budget)

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      5.0
      Jul 3, 2026
      Ibd summer analyst
      Recommend
      CEO approval
      Business outlook

      Pros

      a lot to learn, and can learn fast,

      Cons

      MD's pretty harsh to us,

      3.0
      Jun 30, 2026
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      The firm encourages and supports to change teams, which is helpful in expanding experience or moving away if you aren't happy with your team

      Cons

      The promotion has become very opaque lately. They hardly give out promotions, but make you slog and overwork the whole year in the name of it. Basically, you have worked 200% and made to look like a fool by the end of the year.

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