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.
Goldman Sachs is reportedly release 10% of its workforce, in one of the largest cutbacks in the bank's history. Half of those who are to be released are investment bankers, and had been involved in teams focussed on mergers, as well as debt and equity capital markets.