27/08/2026
Following on from our previous post, an employment tribunal has awarded former Goldman Sachs executive £1.45 million after finding he was unfairly dismissed and subjected to s*x discrimination following a period of parental leave.
Mr Reeves took six months of parental leave under the firm's policy after the birth of his second child.
Shortly before he was due to return to work, he was informed that his role had been selected for redundancy. Goldman Sachs argued the decision was based on business needs and his relative performance. However, the tribunal found the redundancy process was fundamentally unfair and that his parental leave had influenced the treatment he received.
When assessing compensation, the tribunal considered not only Mr Reeves' financial losses, but also the lasting impact the case had on his career. It found that the publicity surrounding the litigation had made it significantly harder for him to secure comparable employment, contributing to the substantial award.
The final compensation was reduced to reflect the tribunal's finding that there was a 50% chance he may have been made redundant fairly in any event.