Goldman Letting Go of Nearly 100 Employees In New York
The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base. Goldman employs approximately 36,000 people worldwide. After Goldman reported that its Q1 revenue fell 13% this week the company also confirmed via filing that they will let go 98 employees located in New York. The termination is reported to be a part of the annual staff review process the bank conducts in order to refine employees in accordance with their performance targets and it allows the bank to hire fresh talents.
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