Goldman Letting Go of Nearly 100 Employees In New York

By John Heerdink LinkedIn

The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base. Goldman employs approximately 36,000 people worldwide. After Goldman reported that its Q1 revenue fell 13% this week the company also confirmed via filing that they will let go 98 employees located in New York. The termination is reported to be a part of the annual staff review process the bank conducts in order to refine employees in accordance with their performance targets and it allows the bank to hire fresh talents.

To learn more about The Goldman Sachs Group, Inc. (GS) and to continue to track its progress please visit the Vista Partners Goldman Sachs Group, Inc. Coverage Page.

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Goldman Sachs to layoff 98 bank employees in New York

Goldman Sachs Group Inc plans to lay off nearly 100 employees in New York in the coming months, according to a filing the bank made with New York state that was made public on Monday. The 98 employees are being let go for “economic” reasons and their final day will be between May 29 and Sept..

finance.yahoo.com

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