Goldman Sachs to lay off up to 8% of its workforce

Dec 16 2022 by Business Insider

 

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Goldman Sachs plans to lay off up to 8% of its employees.  CEO David Solomon previously said the firm is seeing "headwinds on our expense lines." The layoffs show the impact on Wall Street of broader economic forces. 

Goldman Sachs is set to lay off up to 8% of its staff — and the hammer could come down as soon as January, a person familiar with the cuts told Insider.

There's still no final decision yet on the total number of people to be laid off, as discussions...

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