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Goldman Sachs Begins Staggered Layoffs Across Units
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5.5
Goldman Sachs will begin a series of small, staggered layoffs starting in April and continuing through the summer, impacting all business lines, Seeking Alpha reported Thursday citing Business Insider. The moves follow a March 2025 report that the bank planned to cut 3–5% of staff (about 1,395 jobs); Bloomberg separately reported HSBC may cut roughly 20,000 roles as it leans on AI.
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