Goldman Sachs Ordered to Pay $2M After Tribunal Ruling on Parental Leave Discrimination
A former Goldman Sachs compliance manager has been awarded nearly $2 million after a London employment tribunal ruled that he was unfairly dismissed and subjected to sex discrimination linked to his extended parental leave.
Jonathan Reeves, who worked in Goldman's compliance department in London before being fired in 2022, sought £8.9 million in compensation during the proceedings, but the tribunal found that the bank would have likely dismissed him regardless of his parental leave.
The tribunal concluded that there was a 'continuing discriminatory state of affairs' and that Reeves' dismissal was linked to him taking six months of paid parental leave as a man.
Goldman Sachs disputes the ruling, stating it is a market leader in paid parental leave and encourages all working parents to take the full 26 weeks of paid leave.