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Goldman Sachs analyst found dead hours after complaining to father of '100 hour weeks' | Goldman Sachs analyst found dead hours after complaining to father of '100 hour weeks' |
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Officials in San Francisco are investigating the death of a young analyst at Goldman Sachs who complained to his father of working '100 hour weeks', hours before his body was found in the car park next to his apartment. | Officials in San Francisco are investigating the death of a young analyst at Goldman Sachs who complained to his father of working '100 hour weeks', hours before his body was found in the car park next to his apartment. |
The authorities have said they believe Sarvshreshth Gupta, 22, killed himself after working through the night and struggling to match the demands he felt under. | The authorities have said they believe Sarvshreshth Gupta, 22, killed himself after working through the night and struggling to match the demands he felt under. |
The graduate of the University of Pennsylvania who was born in New Delhi, told his father, Sunil: “This job is not for me. Too much work and too little time.” | The graduate of the University of Pennsylvania who was born in New Delhi, told his father, Sunil: “This job is not for me. Too much work and too little time.” |
Mr Gupta wrote about his son’s death in an essay posted on Medium, which has since been removed. | Mr Gupta wrote about his son’s death in an essay posted on Medium, which has since been removed. |
“He calls us and says, ‘It is too much. I have not slept for two days, have a client meeting tomorrow morning, have to complete a presentation, my VP is annoyed and I am working alone in my office’, ” his father wrote. | “He calls us and says, ‘It is too much. I have not slept for two days, have a client meeting tomorrow morning, have to complete a presentation, my VP is annoyed and I am working alone in my office’, ” his father wrote. |
He added: “I got furious. ‘Take 15 days leave and come home,’ I said. He quipped, ‘They will not allow.’ I said, ‘Tell them to consider this as your resignation letter.’ ” | He added: “I got furious. ‘Take 15 days leave and come home,’ I said. He quipped, ‘They will not allow.’ I said, ‘Tell them to consider this as your resignation letter.’ ” |
The New York Times said Ms Gupta’s death in April is one of numerous unexpected deaths or suicides of young bankers over the last year. It said it had sparked a round of reflection by Goldman Sachs and other Wall Street firms about their work policies. | The New York Times said Ms Gupta’s death in April is one of numerous unexpected deaths or suicides of young bankers over the last year. It said it had sparked a round of reflection by Goldman Sachs and other Wall Street firms about their work policies. |
Last week, Thomas Hughes, a 29-year-old banker at Moelis & Company, was found dead with drugs in his system after falling from a building in Manhattan, the paper said. | Last week, Thomas Hughes, a 29-year-old banker at Moelis & Company, was found dead with drugs in his system after falling from a building in Manhattan, the paper said. |
Goldman Sachs has not yet responded publicly to claims that Mr Gupta was working such long hours, something that would have required him to spend 14 hours a day, every day of the week, had he kept such a routine. | |
In a statement, the company said: “We are saddened by Sav’s death and feel deeply for his family. We hope that people will respect the family’s expressed desire for privacy during this difficult time.” |