Goldman to Cut a Few Hundred Jobs in Coming Weeks in Annual Cull

Goldman Sachs Group Inc. plans to dismiss a few hundred employees in coming weeks as part of the firm’s annual cull of low-performing staff, according to people familiar with the matter.

The fresh round of firings would bring total cuts in 2024 to about 3% to 4% of the bank’s workforce, with most of those reductions made earlier this year, one of the people said, asking not to be named discussing internal moves.