Goldman Sachs Cuts Jobs

Posted on

Goldman Sachs is cutting 98 jobs across its divisions after announcing a 20% drop in net income in the first quarter. The bank cites “economic reasons.” Employees have already been notified in advance of the changes to come between May 29 and September 28.

Additionally, Goldman Sach’s bonus pool shrank after it missed analyst revenue targets by $9 billion.

Image Source: USA Today

Previous
Starbucks Launches New Rewards Program
Goldman Sachs Cuts Jobs

Processing...
Thank you! Your subscription has been confirmed. You'll hear from us soon.
Subscribe for news in an instant.
ErrorHere