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Here's How Goldman Sachs Lays People Off

  • 43 here, 109 there and pretty soon 443 employees are dismissed
  • Bank has to file ‘WARN notices’ with New York state agency
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Goldman's Careful Approach to Job Cuts

Updated on

The first “plant layoff” notice came in February: 43 people would lose their jobs.

The second arrived six weeks later, increasing the cuts to 109 workers. Then a third, in April, for 146 more. And a fourth, in June: 98. Three more notices followed, including 20 dismissals announced last week.