Goldman Sachs to reduce workforce by 10%

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Goldman Sachs to reduce workforce by 10%

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10-23-2008, 11:24 PM

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Goldman Sachs to reduce workforce by 10%

US investment bank, Goldman Sachs, is to lay off over 3,000 staff worldwide with reports that 600 jobs could go in London.It is understood the jobs could go in proprietary trading, structured credit, leveraged loans, prime brokerage, mergers and acquisitions and equity capital markets.As with other financial institutions, Goldman has been hit by the global [...]

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