Goldman Sachs' annual culling of underperformers is coming earlier than usual this year
Goldman Sachs trims its staff, cutting what it deems to be the underperformers. This year, VPs stand to be big targets, BI has learned.
Goldman Sachs may cut more than 1,300 employees in annual review, source says
Goldman Sachs plans to trim its staffing by 3% to 5% in an annual performance review process this spring, said a source familiar with the matter who declined to be identified discussing personnel matters.
Goldman Sachs to Target Vice Presidents in Next Round of Cuts
Employees likely to be laid off in annual culling were given hints in the form of small bonuses.
Goldman Sachs May Cut 3% to 5% of Staff as Part of Annual Review, Source Says
NEW YORK (Reuters) - Goldman Sachs plans to target a cut of between 3% to 5% of staff as part of an annual performance-related review it will take in spring, a source familiar with the matter said. The last time the Wall Street firm conducted a similar review in September, that led to a small number of job cuts.
Goldman's next round of annual layoffs will target vice presidents - report
Goldman Sachs (NYSE:GS) is reportedly gearing up for its annual culling of low performers, with overhired vice presidents in the crosshairs as the firm seeks to improve overall efficiency. Senior executives have been informed by Goldman (NYSE:GS) CEO David Solomon that the investment bank added too many vice presidents in recent years relative to
Goldman sees downside risks to 2025-2026 Brent forecasts amid OPEC+ output increase
Goldman Sachs sees downside risks to its average Brent forecasts for 2025 and 2026 in the wake of OPEC+’s plans to increase ...
Barclays Reaffirms Their Buy Rating on Goldman Sachs Group (GS)
Barclays analyst Jason Goldberg maintained a Buy rating on Goldman Sachs Group (GS – Research Report) today and set a price target of $760.00.
Barclays Upgrades Telefônica Brasil (NYSE:VIV) to “Overweight”
Telefônica Brasil (NYSE:VIV – Get Free Report) was upgraded by research analysts at Barclays from an “equal weight” rating to an “overweight” rating in a research note issued on Monday, MarketBeat.com ...
Staley Went Around Barclays Official to Email Jeffrey Epstein
Jes Staley stayed in contact with Jeffrey Epstein behind the back of Barclays Plc’s head of communications while the bank ...
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Barclays Upgrades HSBC Holdings plc - Depositary Receipt () (HSBC)
Fintel reports that on March 4, 2025, Barclays upgraded their outlook for HSBC Holdings plc - Depositary Receipt () ...
Goldman Sachs set to ax under-performing VPs in latest layoffs: sources
The move will see 3% to 5% of the bank’s global workforce of 46,500 cut, sources familiar with the matter told The Post.
Goldman Sachs names leaders for new Capital Solutions Group
The Wall Street bank has named Tim Freeman and Jared Baker to co-head its new Capital Solutions Group in Australia and New ...