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Sunday, 01/08/2023 10:27:53 PM

Sunday, January 08, 2023 10:27:53 PM

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Goldman Sachs to cut about 3,200 jobs this week after cost review - Bloomberg News
By: Investing.com | January 8, 2023

(Corrects to clarify in the first paragraph that it's one of the biggest rounds of job cuts, and not the biggest)

(Reuters) - Goldman Sachs Group Inc (NYSE:GS) will start one of its biggest rounds of job cuts ever, as it locks in on a plan to eliminate about 3,200 positions this week, Bloomberg News reported on Sunday.

The financial services major is expected to begin the process mid-week and the total number of people affected will not exceed 3,200, the report said, citing a source.

(This story has been corrected to clarify in the first paragraph that it's one of the biggest rounds of job cuts, and not the biggest)

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