Goldman Sachs plans to layoff 3-4% of its workforce or between 1300 and 1800 individuals, in accordance to the WSJ.
This should not come as a shock as the corporate trims 2-7% of its workforce yearly on efficiency elements. The layoffs have began and can proceed by way of the autumn.
The cutthroat tradition lastly seems to be making shareholders cash after buying and selling nearly flat from 2018 to early this yr.
This text was written by Adam Button at www.forexlive.com.