'Goldman Sachs Preparing For Another Round Of Layoffs; Goldman Cuts Could Affect Managing Directors, Senior Executives; Layoffs At Goldman Would Mark Third Round In A Year' - WSJ
Portfolio Pulse from Happy Mohamed
Goldman Sachs is reportedly preparing for another round of layoffs, which could affect managing directors and senior executives. This would mark the third round of layoffs in a year, according to the Wall Street Journal.
May 30, 2023 | 5:36 pm
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Goldman Sachs is preparing for its third round of layoffs in a year, potentially affecting managing directors and senior executives.
The news of additional layoffs at Goldman Sachs could negatively impact the company's stock price in the short term. Investors may be concerned about the company's stability and ability to retain top talent, leading to a potential decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100