The New York Times reported that the firm is looking to slim down its workforce in response to a weaker dealmaking environment.
Economic uncertainty, driven by inflation across the world reaching levels not seen for decades, central banks rapidly raising interest rates, and
Every year, Goldman evaluates its headcount, which often results in redundancies.
It paused that programme for most of the Covid-19 crisis.
Sources told the paper that this round is unlikely to cause higher than usual layoffs.
(c) 2022 City A.M., source