The investment banking giant stands by its practice of regular staff cuts often called its 'annual cull,' trying to cut between 3 and 5 percent of its workforce of 46,500.
Parkland Corp. plans to consider strategic options, including a potential sale, as the Canadian fuel retailer grapples with pressure from an investor.
Goldman Sachs plans to trim its staffing by 3% to 5% in an annual performance review process this spring, said a source familiar with the matter who declined to be identified discussing personnel matters.
Goldman Sachs named David Dubner as chief operating officer of global mergers and acquisitions, according to a memo seen by Reuters on Wednesday, beefing up leadership in one of its most important businesses.
Goldman Sachs trims its staff, cutting what it deems to be the underperformers. This year, VPs stand to be big targets, BI has learned.
This story was originally published by Grist with the headline Big banks abandoned a voluntary climate alliance. Now, critics are calling for new laws. on Mar 3, 2025.
The issue was discussed by CEO David Solomon and the bank’s partners at their annual meeting in Miami earlier this month, multiple sources told The Post.
Wall Street investment bank Goldman Sachs (GS) is planning to cut up to 5% of its global workforce with a focus on its vice presidents.Discover