Goldman Sachs is reportedly release 10% of its workforce, in one of the largest cutbacks in the bank's history. New York City-based Goldman Sachs Group Inc. has let go of dozens of executive directors, managing directors, and vice presidents in recent weeks, Bloomberg News reported on Wednesday, citing unnamed sources at the multinational banking firm. The bank said it would cut 10,000 jobs from its global workforce and close offices around the world.
Goldman Sachs is reportedly release 10% of its workforce, in one of the largest cutbacks in the bank's history. The bank said it would cut 10,000 jobs from its global workforce and close offices around the world.