Goldman Sachs to prune a handful of staff in April amid performance review
TL;DR
Goldman Sachs plans to cut a small number of underperforming staff in April, separate from its regular 1%-3% annual cull, as part of ongoing performance and talent assessment amid rising use of AI; Morgan Stanley reportedly cut about 3% of its workforce earlier this month.
Topics:businessworld-at-work#artificial-intelligence#finance-and-banking#goldman-sachs#job-cuts#world-at-work
- Goldman Sachs to make performance-based job cuts in April, source says Reuters
- Goldman Sachs Replaces Big Annual Layoff With Targeted Rolling Cuts PYMNTS.com
- Goldman Sachs is shaking up how it cuts underperformers this spring. Here's how and when layoffs will roll out. Business Insider
- Evening digest: Bitcoin steadies, Goldman Sachs to start layoffs in April Invezz
- Goldman Sachs is set to initiate small rounds of head count cuts starting next month - Business Insider marketscreener.com
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