Goldman is looking for ways to cut costs to achieve a target of reducing operating expenses by US$1.3 billion over the next three years, which it announced in January as part of a broader strategic revamp.
New YORK: Goldman Sachs Group Inc is preparing for a second round of job cuts, three months after it began eliminating around 400 positions, people familiar with the matter told Reuters on Tuesday.
The bank had announced https://www.reuters.com/article/us-goldman-sachs-layoffs/goldman-sachs-to-go-ahead-with-modest-job-cuts-after-coronavirus-pause-idUSKBN26L3Q7 "a modest number of layoffs" in September after pausing job cuts earlier this year due to the COVID-19 pandemic.
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