Business

Goldman Sachs plans to cut hundreds of jobs


Goldman Sachs Group Inc. is preparing to lay off hundreds of employees as soon as next week.

The job cuts are part of the bank’s annual performance review, which the bank suspended during the pandemic, according to a person familiar with the matter. Goldman restored those ratings earlier this year following a slump in Wall Street trading activity. Goldman had 47,000 employees at the end of June, up from 41,000 a year earlier.



Source link

news7f

News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button