NPR

Goldman Sachs is laying off as many as 3,200 employees this week

The prestigious investment bank is undertaking one of its biggest rounds of layoffs since the Global Financial Crisis.
The Goldman Sachs logo is seen at the New York Stock Exchange in New York City on Sept. 13, 2022. Goldman is laying off up to 3,200 employees as it faces a more challenging business environment.

At Goldman Sachs, the New Year is starting with thousands of job cuts.

One of Wall Street's biggest banks plans to lay off up to 3,200 employees this week, as it faces a challenging economy, a downturn in investment banking, and struggles in retail banking.

It is one

You’re reading a preview, subscribe to read more.

More from NPR

NPR2 min readCrime & Violence
How Does Trump's Trial End? It May Hinge On How Jurors Feel About Sex And Privacy
The Trump's Trials team breaks down why prosecutors have a timeline problem, what Michael Cohen's testimony so far has shown, and why it may all come down to a question of sex and privacy in the end.
NPR2 min read
Iranian President Ebrahim Raisi, A Hard-liner Who Crushed Dissent, Dies At 63
Iran's ultraconservative president, killed in a helicopter crash, oversaw a crackdown on women's protests and was linked to extrajudicial killings in the 1980s.
NPR3 min read
Like To Bike? Your Knees Will Thank You And You May Live Longer, Too
New research shows lifelong bikers have healthier knees, less pain and a longer lifespan, compared to people who've never biked. This adds to the evidence that cycling promotes healthy aging.

Related Books & Audiobooks