Goldman Sachs prepares another round of layoffs – WSJ

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The cuts will affect fewer than 250 jobs, the report said, less than 1% of the bank’s headcount of 45,400 at the end of March.

Goldman did not immediately respond to a Reuters request for comment.

The layoffs at Goldman would mark the third round of job cuts in less than a year as investment banks take a hit from a slowdown in dealmaking, with a surge in interest rates blunting the corporate appetite for mergers and acquisitions.

Nearly every division at Goldman has been cutting expenses this year, the Journal report said.