Today news
About the same in other media
Goldman Sachs cuts pay by 30% as dealmaking fees tumble
Reading now: 252
Goldman Sachs has slashed pay by over 30% so far in 2022, as a rapid slowdown in dealmaking is expected to result in a fresh round of job cuts across the industry.
The US investment bank, which posted a 47% slump in profit to $2.9bn during the second quarter, has cut compensation costs by 31% to $7.7bn for the first six months of 2022, despite a hiring spree over the past year that has seen employee numbers swell by more than 6,000.
Goldman...
Read more on fnlondon.comAbout this in other media
Zelenskyy condemns 'deliberate Russian war crime' after POW bombing euronews.com /2 years ago
Evercore’s senior dealmaker ranks swell by 23% after hiring spree fnlondon.com /2 years ago
Goldman Sachs cuts earnings outlook for MSCI China to zero growth cnbc.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
