Ivey Business School (Canada)
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Goldman Sachs: Are You Burnt-In or Burnt-Out?
Hayden Woodley; Julia LeonardCase IVEY-W28432-ELeadership and People ManagementIn March 2021, a group of junior investment banking analysts at the Goldman Sachs Group, Inc., an American multinational investment bank, told senior management that they were suffering burnout from having to work 100-hour weeks. Nearly a year since the start of the pandemic, this workplace culture crisis heightened the importance of senior leadership prioritizing employees’ mental and physical health. In addition, it drew attention to the import...Starting at €8.20
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Bon-Ton: Caught in the Rain of US Retail Bankruptcies
Anupam Mehta; Sumit Mazumder; Jyotirmoy SahaCase IVEY-9B19B005-EAccounting and Control, StrategyIn June 2018, an intern at an investment firm was given the task of assessing the financial condition of Bon-Ton Holdings, Inc. (Bon-Ton), a leading US department store chain. In January 2018, it had entered into forbearance agreements with some of its lenders and announced store closures at 42 locations as part of its rationalization program. On February 4, 2018, it filed a voluntary petition for protection against bankruptcy and for reorganizat...Starting at €8.20