Goldman 'to Axe 10pc of Its Workforce'

Daily MailFebruary 12, 2009

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Summary


WALL Street giant Goldman Sachs is drawing up plans to axe a further 10pc of its global workforce, placing the jobs of hundreds of British bankers at risk, writes Rupert Steiner.

The programme - aimed at cutting costs as Goldman battles through the worst financial crisis in a generation - is in addition to the 10pc culled at the end of last year.

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Extract


Goldman 'to Axe 10pc of Its Workforce'

An insider said Goldman partners are drawing up plans for the next r...

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