Goldman Sachs to cut about 400 jobs – Bloomberg News – Reuters

FILE PHOTO: The Goldman Sachs company logo is seen in on the floor the New York Stock Exchange in New York, U.S., April 17, 2018. REUTERS/Brendan McDermid(Reuters) – Goldman Sachs Group Inc GS.N plans to move forward with “a modest number of layoffs”, a company spokesperson said on Wednesday, months after the Wall Street bank…

Goldman Sachs to cut about 400 jobs – Bloomberg News – Reuters

FILE PHOTO: The Goldman Sachs company logo is seen in on the floor the New York Stock Exchange in New York, U.S., April 17, 2018. REUTERS/Brendan McDermid(Reuters) – Goldman Sachs Group Inc GS.N plans to move forward with “a modest number of layoffs”, a company spokesperson said on Wednesday, months after the Wall Street bank paused job cuts due to the COVID-19 pandemic. Bloomberg News, which first reported about the layoffs, said the bank was looking to cut about 400 jobs, or roughly 1% of its workforce, citing people familiar with the matter.“At the outbreak of the pandemic, the firm announced that it would suspend any job reductions. T
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