Hedge Fund News From HedgeCo.Net

Goldman Lays Off Dozens of Traders

March 17, 2019 : Permanent Link

(New York Post) A dreaded bloodbath at Goldman Sachs under the bank’s new boss has finally begun.The Wall Street powerhouse — whose new chief executive, David Solomon, took the reins from Lloyd Blankfein last October — laid off 65 employees in its New York office at the end of February, according to notice filed Thursday with the state Department of Labor. The body count, however, is expected to swell in the coming weeks, according to sources close to the bank.

To read this article: