Goldman Sachs Is Making Cuts

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According to a person with knowledge of the matter, Goldman Sachs is cutting about 5% of the people in its sales and trading division. Business Insider reports that each year, Goldman selects from their underperformers across the company, with the percentage dependent on the performance of the business and future growth prospects.
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Primary Dealers, Subprime Mortgage Crisis, House Of Morgan, Investment Banks, One Goldman Sachs, David Solomon, Goldman Sachs

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