new York According to insiders, Goldman Sachs is cutting thousands of jobs. The plans should be implemented from Wednesday, two people familiar with the project said on Sunday. One of the insiders said that the first plan was to cut a little 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. Goldman Sachs declined to comment.
Investment banking is mainly affected by the job cuts, said one of the insiders. The uncertainty of many investors in view of the difficult economic situation is currently having a negative impact on this business.
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 bank Marcus, which is still making a loss.
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