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74njfOp2o1in318uΒ inΒ Β 
Financial AnalystΒ 5 months ago

Goldman Sachs layoffs incoming, the culling begins

The bank is reinstating a tradition of annual employee culls, which have historically targeted between 1% and 5% of lower performers, in positions across the firm, according to a person with direct knowledge of the situation.


At the lower end of that range, which is the size of the expected cull, that means several hundred job cuts at the New York-based investment bank with 47,000 employees at midyear.



https://www.cnbc.com/2022/09/12/goldman-sachs-to-kick-off-wall-street-layoff-season-with-hundreds-of-job-cuts-this-month.html

Goldman Sachs to kick off Wall Street layoff season with hundreds of job cuts this month

Goldman Sachs to kick off Wall Street layoff season with hundreds of job cuts this month

The bank is reinstating a tradition of annual employee culls targeting between 1% and 5% of lower performers in positions across the firm.

cnbc.com
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g8u13nbuiGfFinancial AnalystΒ 5 months ago
What roles are they cutting exactly?

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