Goldman Sachs Layoff: Company Set To Cut As Many as 4,000 Jobs Amid Struggle To Reach Profitability Targets, Says Report
Reports also suggest that managers have been asked to identify low performers in the company, however, no final list has been drawn up.
According to Semafor reports, Goldman Sachs is planning to cut as many as 4,000 jobs as it struggles to reach profitability targets. Reportedly, the job cuts may amount to up to 8 percent of the bank’s workforce. Reports also suggest that managers have been asked to identify low performers in the company, however, no final list has been drawn up. Twitter Layoffs: Employees Vent Their Frustrations Over Mass Termination Using Hashtag #OneTeam; See Reactions.
Goldman Sachs To Fire Employees
BREAKING: Goldman Sachs plans to cut as many as 4,000 jobs as it struggles to reach profitability targets, Semafor reports https://t.co/II7mvAyGGB pic.twitter.com/0DWMidhLPE
— Bloomberg (@business) December 16, 2022
(The above story first appeared on LatestLY on Dec 16, 2022 06:52 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
