This one is about investment bankers at Goldman Sachs, which has chosen to flush out the bottom 5% of its performers. Sounds tough, but it isn't new news - Jack Welch championed a similar cause at GE, as he explains in his book Winning"
"...the top 20 percent of employees are showered with bonuses, stock options, praise, love, training…As for the bottom 10 percent in differentiation, there is no sugar-coating this - they have to go."
Welch, Jack. "Winning." Harper. page 41.
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