Goldman Layoffs - IB or S&T?
Read that Goldman laid off 400 people yesterday -- anyone know what departments, and whether employees hit were juniors, mid or senior level?
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1% of workforce. At Goldman's first investor day in late January it announced plans to cut costs by $1.3bn a year over the next three years, with around $700m being taken out of the securities division alone. Goldman's traders at least are unlikely to be let go by Zoom: many have been back in the office since the start of this month.
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