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https://www.wsj.com/articles/goldman-sachs-prepares-another-round-of-layoffs-amid-deal-drought-afce7cc8

Goldman Sachs Prepares Another Round of Layoffs Amid Deal Drought

Wall Street giant is under pressure due to falloff in investment banking activity

By AnnaMaria Andriotis
New layoffs at Goldman Sachs would mark a third round of job cuts at the bank in less than a year. Photo: Bing Guan/Bloomberg News

Goldman Sachs Group is preparing for more layoffs, according to people familiar with the matter, in the latest sign of continued fallout from a deal-making drought on Wall Street. 

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.