15 percent Goldman Sachs layoffs reported
Goldman Sachs is expected to lay off up to 15 percent of its work force, from its capital markets division and related support staff, the New York Post said on Friday. Employees were first notified about the cuts on Monday, with most of them taking place by the end of March, the Post said. It said Goldman employs about 32,000 people. The report did not give the number of people effected, nor did the report say how many Goldman Sachs employees work in its capital markets division.