Communicators stress action over words in Asian-American solidarity, Teen Vogue’s incoming top editor resigns, and Peloton’s CEO addresses fatal treadmill incident
Also: Goldman Sachs employees conduct internal survey on burnout, NASA and SpaceX demonstrate collaboartion, Hootsuite’s cheat sheet for social media image sizes, and more.
Hello, communicators:
Goldman Sachs’ junior investment bankers say they are are burning out after being subjected to 100-hour work weeks and demanding bosses, according to an internal survey conducted by first-year analysts.
“The [study], replete with color-coded charts and formatted in the official style of an investment banking pitch book, was created after a group of disgruntled analysts banded together to survey their colleagues, according to the people,” reports CNBC.
Spokeswoman Nicole Sharp told CNBC that the company “recognize(s) that people are very busy, because business is strong and volumes are at historic levels.” She added that the company is “listening to their concerns and taking multiple steps to address them.”
Nowhere in Sharp’s statement, however, does she describe what those multiple steps actually are, serving to remind communicators that any crisis response should include specific, actionable details on what your brand or organization is doing to remedy the problems.
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