Goldman Sachs Headcount Cuts, Buybacks & EPS Growth - What the Market’s Missing

If GS Drops Below 28% Comp Ratio, MD/VP Exits Could Spike. Is This the Breaking Point?

Let’s start this off by stating: If GS goes below 28% comp ratio, history suggests high-value MD/VP exits spike within 6 months.

𝗚𝗼𝗹𝗱𝗺𝗮𝗻 𝗦𝗮𝗰𝗵𝘀 𝗶𝘀 𝗿𝗲𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗶𝗻𝗴. That VP exodus was the warning.

The layoff announcement the other day was only a small part of this. They’re moving the entire cost structure. Bloomberg reported that G…