Current and former investment bankers react to claims of workplace abuse by junior analysts at Goldman Sachs.

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Last week, a presentation by a group of junior bankers at Goldman Sachs went viral on social media, in which they complained about what they described as workplace abuse, including 100-hour weeks.

The DealBook newsletter’s inbox has been overflowing with reactions, notably from current, former and aspiring investment bankers. Here’s what some had to say — most requested anonymity to speak freely about their experiences — edited and condensed for clarity:

  • “My view is that if it’s not to your liking, quit and find another line of work. It won’t pay as well, but it’s also possible that you won’t learn as much. I am still reaping the benefits of what I learned.” — Anonymous in Sydney

  • “I had heard all about the long hours, but once I was in it, I found that I had underestimated. I threw in the towel and left banking, because no amount of money was worth the terrible lifestyle.” — Anonymous in New York

  • “I knew I was worked like a donkey but quid pro quo. I could leave, work fewer hours and make less money. But I wasn’t interested in that.” — Anonymous in London

  • “In our day, we may have complained to our friends or our family, but we knew that short-term pain was good for long-term gain. I now live a comfortable life enabled by my first years at Goldman Sachs.” — Anonymous in New York

  • “We would do the math on the compensation and realize that we were making less than minimum wage per hour. It wasn’t worth being tortured. My health still suffers from my years on Wall Street.” — Anonymous in New York

  • “The learning experience was incredible and career-wise it set me on the right track. In hindsight, it could have actually killed me, but I was too young to realize this.” — Anonymous in Dubai

  • “Yes, we were ‘abused’ and yelled at, but this was expected and how we learned. My message for these analysts is: If you can’t stand the heat, get out of the kitchen.” — Anonymous in New York

  • “There is no money that rewards the mental and physical harm that investment banking does to you. Of course, it’s a hell of an experience, Excel and PowerPoint-wise.” — Anonymous in São Paulo

  • “I spent many long nights in the office at the behest of associates and V.P.s, most of the time for no reason but ‘they might need me.’ Then I joined the military, where I had better work-life balance and more respectful leadership than I did in banking.” — Anonymous in New York

  • “I am an incoming Goldman Sachs intern. I knew about the work conditions before applying to the job. Anyone engaging in a career at a top investment bank knows about it, or else they applied for the wrong reasons.” — Anonymous in Europe

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