If you're senior and respectable, you call a friend at a firm that's got open positions and they set you up. After all, you're competent and the firing is a re

If you're senior and respectable, you call a friend at a firm that's got open positions and they set you up. After all, you're competent and the firing is a reflection on GS more than you. They don't lowball you, because you'd either call another friend or take the job and then flip it into a better offer elsewhere - you're employable enough that "already employed" seems less significant. If you're new, you act like you're fresh out of college, slap GS on your resume, and hit up a bunch of banks. Someone will need you if you're good, and you won't get any more lowballed than you were for being junior anyway. You're in it to move up the ranks at this point regardless. Honestly, it plays out a bit like the Valley. If some regulation or move by Google crushes a startup, the people leaving it aren't particularly stigmatized, and there's too much competition to weaken their negotiating position much.