Amid 1000’s of layoffs at multinational funding firm Goldman Sachs, a brand new occasion has come to mild whereby a Bengaluru man, who was the vice chairman of equities danger buying and selling on the agency, was let go barely a month after being promoted. The US agency is slicing off 6.5 % of its workforce, amongst which Manas Ranjan Panda can be one of many affected.
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Panda wrote concerning the lay off on LinkedIn and notified potential employers that he’s now ‘open to work’. Saying that his lay off got here barely a month after his promotion, he added that it has taken him a while to soak up the dangerous information. “It has taken me someday to soak up the information as I used to be promoted simply final month and made good earnings for the agency within the final two years,” he posted.
Asking his connections for brand spanking new job openings in funding banking and company technique, he mentioned, “I’m now wanting ahead to my subsequent alternative and open to work/enterprise.”
READ | Bengaluru: IIT graduate laid off by Goldman Sachs 6 months after becoming a member of
This comes days after a 23-year-old IIT Kharagpur graduate from Bengaluru was additionally laid off from the funding large six months after becoming a member of. The youth, Shubham Sahu, who had celebrated his twenty third birthday days earlier than getting laid off, mentioned it was his first job and dropping it was a “totally different option to begin a 12 months”.