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When will the banker bloodbath stop?: ‘They’re still cutting fat and not muscle’
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When Goldman Sachs started its third round of job cuts in June, the plan wasn’t just to reduce headcount. It was to strip out costs across the firm.
President John Waldron said the firm is “running tighter”. This means job cuts, smaller pay packets and even stricter limits on business trips and meals for employees, according to sources at the bank.
Goldman’s...
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