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Goldman Sachs headquarters in New York: Investment bankers have to tremble
Photo: Brendan McDermid / REUTERS
Goldman Sachs apparently plans to cut thousands of jobs.
According to a report by the Reuters news agency, two people familiar with the project said on Sunday that the workforce should be officially informed of the details of the job cuts as of Wednesday.
The first plan is to cut just over 3,000 jobs.
However, the final number has not yet been determined.
The Bloomberg news agency had previously reported that 3,200 jobs were to be cut.
It would be one of the most massive cuts in the history of the bank.
Goldman Sachs declined to comment.
One of the insiders explained that investment banking was mainly affected by the job cuts.
The uncertainty of many investors in view of the difficult economic situation is currently weighing on this division.
But hundreds of jobs are also to be lost in the business with private customers.
This has mainly to do with the clipped plans for the online subsidiary Marcus, which is still making a loss.
mike/Reuters
