Goldman Sachs Plans Global Layoffs Affecting Over 1300 Employees

According to BlockBeats, on August 31, sources revealed to The Wall Street Journal that Goldman Sachs is planning to lay off more than 1,300 employees globally. This move is part of the company's annual review process aimed at eliminating underperforming staff. The layoffs will affect approximately 3% to 4% of the total workforce. Given that Goldman Sachs had around 45,300 employees at the end of last year, this reduction will impact between 1,300 and 1,800 individuals.