Goldman Sachs Layoffs: Investment Banking Firm To Lay Off Over 1,300 Employees as Part of Annual Review Process, Says Report
The American investment bank is likely to cut 3 per cent and 4 per cent of its workforce across various divisions. As per the report, more than 1,300 employees are likely to be laid off.
Goldman Sachs is reportedly planning to cut more than 1,000 employees from its global workforce as part of an annual review process. According to a report in the Wall Street Journal, the job cuts are aimed at cutting low performers. The American investment bank is likely to cut 3 per cent and 4 per cent of its workforce across various divisions. As per the report, more than 1,300 employees are likely to be laid off. The report also stated that layoffs have already begun and will continue through the fall. Shell Layoffs: Energy Company To Lay Off 20% of Its Employees To Reduce Operating Expenses.
American Investment Bank to Cut Jobs
BREAKING: The Wall Street Journal reports Goldman Sachs is set to lay off over 1,300 employees
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