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Goldman Sachs to chop 250 more workers after 'David's Demolition Day,' sources say
 [NYPOST] Goldman Sachs plans to make another round of job cuts — its third in less than a year — as dealmaking profits continue to tank, sources told The Post on Tuesday. The David Solomon-led investment bank will cull an additional 250 workers on the heels of 3,200 being fired in January in what staff had dubbed "David’s Demolition Day," an insider said. The latest layoffs could come in the next few weeks and the cuts will hit employees at every level including managing directors and other senior executives, according to the Wall Street Journal. In September, the Wall Street giant — which had 45,000 employees — had pink-slipped 1% to 5% of its under-performers. A Goldman Sachs spokesperson declined to comment. Related: Goldman Sachs: 2023-05-26 Society's refusal to have enough babies is what will save it from the existential threat of A.I., Eric Schmidt says Goldman Sachs: 2023-05-01 WSJ Article On Epstein Calendar-New Names Are Fascinating Goldman Sachs: 2023-04-22 Bush, Obama, Clinton Team Up with American Express to Fly Migrants into American Communities Posted by: Fred 2023-05-31 |
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