Goldman Sachs Slashes Around 6% Of Its Workforce: All You Need To Know
By BOOM Team A massive job cut began at Goldman Sachs on Thursday with the investment giant planning to slash down around 6.5% of its workforce. CNBC reported that around 3,200 people in the workforce are likely to be let go, terming it the cost-cutting move the largest in the banking sector. "We're looking at expenses in every corner of the firm, so it's ridiculous to focus on any single segment or item," BBC quoted Goldman Sachs's spokesperson as saying. The firm employs around 49,000 people across the world. Among several people to be laid off is 23-year-old Shubham Sahu, a graduate from II...