According to Goldman Sachs Chairman and CEO Henry Paulson, “I don’t want to sound heartless, but in almost every one of our businesses, there are 15% to 20% of the people that really add 80% of the value…. Although we have a lot of good people, you can cut a fair amount and still be well-positioned for the upturn.” [New York Sun, 1/29/03]

Voice of Capitalism

Capitalism news delivered every Monday to your email inbox.

You have Successfully Subscribed!

Pin It on Pinterest