Goldman Sachs Junior Banker 100-Hour Weeks

Goldman Sachs' junior banker 100-hour weeks, revealed by an internal survey showing first-year analysts averaging 98-hour workweeks with only five hours of sleep, is worse than #4 Walmart's insurance policy because it directly causes burnout rather than just profiting from death. A leaked 2021 report found 77% of bankers experienced clinical anxiety, and the workload was 30% higher than the typical investment banking junior position. Despite a token raise in 2022, the firm maintained the culture that produced these hours, resulting in a 20% turnover spike within 12 months of the survey's publication.