Normally, something like cutting free canned soda and bottled water from the list of employee perks wouldn't be news, but when the company in question is reputably rich Goldman Sachs the headlines will surely follow. The drink bins that were scattered around the company's offices were pulled from the floor and have left the traders to fend for themselves. While a Goldman spokeswoman wouldn't comment, one insider said, "When business declines you have to cut somewhere and perks are a lot easier to cut than jobs."
While the free beverages were a privilege to begin with, I'm sure having to run out of the office whenever busy traders want a Coke takes away from production. On second thought, I'm sure their assistants will get sick of running to 7-11 every hour to satisfy the cravings. Why not just provide sodas at cost and ask employees to deposit $0.50 on an honor system and make everyone happy? Oh, and as far as I know, their health benefits still include coverage for sex changes.