Goldman Sachs slashes jobs amid slowdown in trading, mergers — report

One of the largest cutbacks in Goldman Sachs history is taking place, as CEO Lloyd Blankfein is releasing 10 percent of its workforce, about half of whom are top investment bankers. The severances follow a steep decline in corporate deal-making worldwide. New York City-based Goldman Sachs Group Inc. has let go of dozens of executive … Continue reading Goldman Sachs slashes jobs amid slowdown in trading, mergers — report