Reported about 1 month ago
Goldman Sachs plans to lay off a few hundred employees as part of its annual talent review aimed at addressing low performance. This move follows reinstated job cuts from last year, which targeted 1% to 5% of its workforce. Despite these layoffs, Goldman forecasts an overall increase in staffing for 2024, reflecting improved market conditions and growth in profit from strong debt underwriting and trading activities.
Source: YAHOO