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Goldman Cuts First-Year Analysts

May 24, 2012
[ by Melanie Gretchen ] Goldman Sachs is hunting down first-year analysts who break policies that prohibit them from looking for new gigs until after their contract is up.  Some executives have gone so far as to call up firms to ask about a particular analyst, and if that person has inquired about a job, he or she is being fired. Among those analysts with offers at buy-side firms (and those unlucky enough to get caught), 4 have been axed.  What are the firm's full policies about job hunters?  Could Goldman's inquiry into job offers hurt analysts at their new firm?  Goldman's not sharing. For further details, go to [Business Insider, 5/23/12].