Tag: Jobs Cut

Goldman Sachs to cut hundreds of consumer banking staff

Goldman Sachs to cut hundreds of consumer banking staff

Goldman Sachs is planning to cut hundreds of consumer banking staff, according to a report in The Financial Times. The bank is reportedly cutting 1,000 staff from its consumer and small business divisions, by reducing the number of branches it operates across the globe. The cuts will take place across the board at Goldman’s consumer
Salesforce has laid off nearly 1000 employees

Salesforce has laid off nearly 1000 employees

Salesforce, an enterprise software company which is headquartered in San Francisco, California, has laid off nearly 1000 employees. The company confirmed the news in a statement on its website. The layoffs are part of a restructuring plan to cut costs and focus more on growth. Salesforce CEO Marc Benioff said in a statement: “We are