Out of the The New York Times unfolds a story that once again highlights the absence of morality and fair play that has come to represent the company we know as Goldman Sachs.

Goldman’s own employee’s in Japan workers are unionizing. In the wake of 200,000 financial service workers heading onto the unemployment rolls, in Japan, Goldman’s employees struck back. Some of its staff have taken the remarkable step of unionizing after the firm’s attempts to force workers to voluntarily resign — and thus sidestep the notoriously tough restrictions on layoffs under Japanese labor law.

Instead of quitting, some employees heeded the call for “workers of the world to unite,” and formed what’s believed to be Goldman Sachs’ first-ever employee union.

Goldman has been cutting jobs worldwide. According to Bloomberg Businessweek, the financial giant eliminated 2,400 jobs in 2011 in response to a 26-percent drop in revenue. The first round of layoffs at Goldman Japan occurred in June 2011.

In response to efforts by Goldman for what employees believed to be wrongful terminations under the very strict Japanese labor laws, the employees fighting dismissal joined the National Union of General Workers Tokyo Nambu (NUGW).

As reported by Alternet:

“Two months after joining the NUGW, the Goldman employees took the additional step of forming their own union under the Tokyo Nambu umbrella. On Feb. 23, Nambu sent official notice to the company of the formation of the Goldman Sachs Japan Employee Union branch (GSJEU).”