Don't be mislead by nocontext reports of big tech layoffs 🤨

Goldman Sachs Layoffs 2025 Singapore News India. IITians, IIM graduates get pink slips in Goldman Sachs layoffs Hundreds of people working for Wall Street banking major Goldman Sachs were fired on Wednesday and Thursday as the company began laying off as many as 3,200 people across the globe Goldman Sachs has launched a comprehensive initiative codenamed "Project Voyage" aimed at reducing costs and restructuring its workforce

IITians, IIM graduates get pink slips in Goldman Sachs layoffs
IITians, IIM graduates get pink slips in Goldman Sachs layoffs from www.punjabnewsline.com

Anywhere between 700-800 people working for the company in India are understood to have been fired in the restructuring, said to be among the company's largest. As Wall Street navigates economic uncertainties, layoffs appear increasingly tied to cost-cutting and strategic.

IITians, IIM graduates get pink slips in Goldman Sachs layoffs

Tony Fratto, a spokesperson for Goldman Sachs, described the process as "routine, standard. Goldman Sachs is set to lay off approximately 3 to 4 % of its workforce—equating to around 1,300 to 1,800 employees—as part of its regular annual review process, according to a report by the Wall Street Journal.The layoffs, which have already begun, will affect multiple divisions within the bank Hundreds of people working for Wall Street banking major Goldman Sachs were fired on Wednesday and Thursday as the company began laying off as many as 3,200 people across the globe

Goldman Sachs Layoffs 2025 Singapore Response Pdf Mariam Rae. Since January 1st, 2024, 5700+ companies have announced mass layoffs.[Last update: December 31, 2024] Goldman Sachs has launched a comprehensive initiative codenamed "Project Voyage" aimed at reducing costs and restructuring its workforce

Goldman Sachs Layoffs 2025 Singapore Response Pdf Mariam Rae. Goldman Sachs CEO David Solomon will whack 3% to 5% of its workforce — including scores of under-performing vice presidents — as part of the Wall Street giant's annual round of layoffs, The. Goldman Sachs began a round of layoffs on January 11 as the company started a cost-cutting initiative with a third of those investments coming from the banking and global markets division.