20 Goldman folks got WARN notices today... Sources are listed below: / / Many banks are going through similar situations right now... read more
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Topics regarding layoffs at Goldman Sachs
Starts in July, ends in October, and a new batch in January. 98 listed on WARN notices, things will continue to look ugly.
I am not with GS but there were multiple reports that about 50 people were let go in the Fixed Income trading group - granted, this is not even one percent of the overall headcount for GS, still - the FI group is not that big so this may be a big hit... read more
Now, cuts in compensation and benefits by 16% and 18% drop in non-interest-bearing revenue. Hmmmm...
Can anyone tell me why Goldman Sachs is holding onto EDMC, a company that's not only predatory, but is losing money?
3,260 jobs were cut in 2008 and 2009 - 10% of our total workforce - so, never happened statement is not accurate - GS is just a company, and companies do this. things are much better now. the company is well managed and with bright prospects.