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Goldman Sachs president Waldron says Wall Street bank is ‘running tighter’ amid lay-offs
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fnlondon.comGoldman Sachs' president and chief operating officer, John Waldron, said that the storied Wall Street bank is "runing tighter" as it embarks on its third round of job cuts within a year.
Waldron said that the bank was in the midst of "additional targeted actions" with its employee numbers amid a tough market for dealmaking. The bank is cutting around 250 employees, predominantly at a senior level, the WSJ reported on 29 May. Goldman is looking to save around $600m on payroll costs, he said at the Bernstein Strategic Decisions...
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