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Goldman Sachs to lay off over 1,300 employees, WSJ reports

2024.08.30 15:20

(Reuters) -Goldman Sachs plans to cut more than 1,300 employees from its global workforce as part of an annual review process to cull low performers, the Wall Street Journal reported on Friday, citing people familiar with the matter.

© Reuters. FILE PHOTO: People stand on a floor at the global headquarters of  Goldman Sachs investment banking firm at 200 West Street in New York City, U.S., January 11, 2023.  REUTERS/Shannon Stapleton/File Photo

The bank will likely cut between 3% and 4% of its workforce across various divisions, the report said, adding that the layoffs have already started and will continue through the fall.

Goldman Sachs did not immediately respond to a Reuters request for comment.



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