Goldman Expands Job-Cutting Plan in Filing to Include 109 People
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Goldman Sachs Group Inc. told New York state regulators it’s expanding a plan to cut employees this year, potentially dismissing 109 workers.
The firm amended a February “warn notice” filed with the Department of Labor, increasing the number of affected employees from 43. The revised filing, posted on Thursday, also extended the time frame for dismissals, saying they’ll occur between May 9 and Dec. 31. The bank previously said they will be concluded by July 1.