The layoffs which has already begun are expected to affect multiple divisions within Goldman sachs, according to the report.
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Goldman Sachs plans to cut several hundred jobs through its annual evaluation to address underperformers. The firm had paused performance-based layoffs during the COVID-19 pandemic, resuming them in 2022. Earlier a report said that the layoffs, which have already begun, will continue through the fall and could affect more than 1300 employees, representing 3 per cent to 4 per cent of Goldman's workforce.
The layoffs which has already begun are expected to affect multiple divisions within Goldman sachs, according to the report.
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