In response to the global slump in deal-making, Goldman (GS) follows its peers to navigate industry headwinds by resorting to another round of layoffs in its IB division.
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Goldman Sachs (NYSE:GS) is planning a renewed round of layoffs targeted at senior managing directors and partners, according to reports. Around 250 jobs are set to be cut in the coming weeks, the Wall

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Powell McCormick, 49, will join investment and advisory firm BDT & MSD run by Gregg Lemkau — once thought to be a contender for Goldman CEO — and Byron Trott.
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Goldman, more tied to the ups and downs of Wall Street than its rivals, is cutting jobs again.
Goldman Sachs Group Inc. GS, -0.76% is cutting up to 250 jobs across the firm in its third round of layoffs since last fall, according to a source familiar with the firm. Goldman laid off 6% of its em
Goldman Sachs plans to make another round of job cuts -- its third in less than a year -- as dealmaking profits continue to tank, sources told The Post.
Goldman Sachs Group Inc. GS, -0.94% is bracing for a third round of job cuts in less than a year. This round will affect managing directors and other senior executives, according to a report in the Wa
The financial giant is readying cuts that will impact a range of employees, including managing directors and other senior executives, people familiar with the matter said.
Goldman Sachs Group Inc. GS, -0.69% senior executive Dina Powell McCormick is joining merchant bank BDT & MSD Partners, The Wall Street Journal reported Tuesday. Citing people familiar with the situat
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