Goldman Sachs Group Inc. (GS) is cutting up to 250 jobs across the firm in its third round of layoffs since last fall, according to a source familiar with the firm. Goldman laid off 6% of its employees, or about 3,200 people, in January and in September it cut a few hundred employees. Goldman Sachs ended the first quarter with 45,400 employees. Goldman Sachs stock is down 0.8% in afternoon trades. The Wall Street Journal initially reported the Goldman Sachs job cuts on Tuesday.
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(END) Dow Jones Newswires
May 30, 2023 14:55 ET (18:55 GMT)
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