Goldman Sachs Plans to Cut 15 Jobs in New York by Year-End

  • Cuts bring total reductions to more than 420 employees
  • Workers were told of their dismissals in July, spokesman says
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Goldman Sachs Group Inc. told state regulators it plans to cut 15 jobs in New York before the end of this year.

The reductions are scheduled to start Oct. 3, the company said in a noticeBloomberg Terminal with the state Labor Department dated Aug. 19. The employees were notified in July, according to Michael DuVally, a spokesman for the bank.