Goldman Sachs (GS) is reportedly slashing over 1,300 jobs, according to The Wall Street Journal. The Journal reporting the cuts are part of the bank's annual...
to The Wall Street Journal . The Journal reporting the cuts are part of the bank's annual review process, where low-performing employees are culled.Check out shares of Goldman Sachs here after The Wall Street Journal reporting that the bank is starting layoffs, cutting more than 1300 jobs.
And Josh, I think that's likely because this is part of the annual move comes to Goldman Sachs, right?This is coming bin in line in the middle of that spread around 3 to 4%.According to one source who spoke to the Journal, Those layoffs are likely to start now but continue through the fall. They did point out, overall head count of Goldman is gonna be expected to be higher at the end of 2024 compared to 2023 the annual culling process.Hoops team overcomes hot crowd, cyclists win two more bronze at Paralympics
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