Monday, September 24, 2012

Layoff Watch 2012: Is Goldman Is Going To Axe 100 Partners?



The Sunday Times in the U.K. reports that 100 of Goldman Sachs's well-paid partners will soon be headed for the exit.

The cuts are said to save the bank up to $2 billion, the Investors Chronicle reports, citing the Sunday Times article, which is hidden behind a paywall. 

The details of the cuts are expected to be revealed in the coming weeks by Michael Sherwood, the co-chief of the bank's London operation, the Investors Chronicle report said.

Read more: http://www.businessinsider.com/report-goldman-to-axe-100-of-its-partners-2012-9#ixzz27PRSMNWk

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