Goldman Sachs’s Profit Drop Is 40 Percent Worse Than Wall Street Expected
Goldman Sachs posted its largest quarterly earnings miss in a decade as its investment banking and asset management revenue fell sharply.
Goldman Sachs
Goldman Sachs Begins Cutting 3,200 Jobs in its Largest Layoffs Since the Financial Crisis
Goldman Sachs plans to lay off up to 3,200 employees, or 7 percent of its workforce, starting this week. About a third of the cut will come from its trading and banking units.
Bonuses for Goldman Partners Are Set to Shrink by up to 50% as Wall Street Banks Pull Back on Pay
Goldman Sachs partners could see their bonuses shrink by 50 percent this year as Wall Street looks to trim executive compensation.
