Goldman Sachs Plans To Lay Off 125 Managing Directors Worldwide: Report
Goldman Sachs Group Inc (NYSE: GS) reportedly has begun laying off managing directors globally. Goldman has started cutting managing directors across the globe as the firm reduces its headcount amid deals slump, reported Bloomberg, citing people familiar with the matter. Around 125 MDs, including some in investment banking, will lose their jobs, stated the source. Related: Goldman Sachs Sees Ghosts of Stagflation, Warns of Tight Times Ahead Investment banks have been reducing the headcount, as t