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You Searched For "goldman sachs lay off hundreds of employees" and got 20 results


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Goldman Sachs CEO David Solomon is predicting the long-awaited return of M&A

The M&A drought that's kept investment bankers on the sidelines is on its last legs, according to W…

Dan DeFrancesco   


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1 min read

Amazon is laying off hundreds of employees in its cloud division 


The latest round of cuts will impact Amazon Web Services staffers, internal emails obtained by Busi…

Jyoti Mann   


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8 mins read

Why I quit Goldman Sachs

I became a vice president at Goldman Sachs in six years. Then the 'boys club' culture drove me out.

Lindsay MacMillan   


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Morgan Stanley expected to lay off hundreds of employees from its wealth-management team

Layoffs are coming for Morgan Stanley's wealth-management division, according to The Wall Street Jo…

Lauren Steussy,Geoff Weiss   


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Spotify employees question lavish spending on events while the company lays off thousands

Amid layoffs, Spotify remains committed to extravagant events, sparking debate about the company's …

Jyoti Mann   


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Goldman Sachs is reportedly planning to lay off hundreds of employees in consumer business

The company's decision to cut jobs comes after chief executive David Solomon announced plans to …

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When will AI's stock-market dominance fade? Goldman says watch this key signal.

Amazon, Meta, Microsoft, and Alphabet have spent hundreds of billions of dollars on AI. Goldman say…

Filip De Mott   


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Consulting firm KPMG to lay off about 700 employees in US

Global consulting firm KPMG is laying off 2 per cent of its workforce that will impact about 700 em…

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Discord is laying off 170 employees as its CEO says the workforce grew too quickly

CEO Jason Citron reportedly said the rapid growth of the company since 2020 made it less efficient.

Jyoti Mann   


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3 mins read

Fast-food restaurants in California are laying off workers to prepare for the $20 minimum wage hike

Two Pizza Hut franchisees in California are among those who are laying off workers, federal WARN fi…

Grace Dean   


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Software firm Salesforce lays off hundreds of employees

Protocol first reported that Salesforce was preparing for a major round of layoffs that could af…

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eBay is laying off 1,000 employees about 9% of its workforce. Read the memo its CEO sent to staff.

CEO Jamie Iannone said that the cost of the company's head count and general expenses had outpaced …

Jyoti Mann   


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Inside David Solomon's evolution of Goldman Sachs

It's been a tumultuous year for Goldman Sachs, specifically for CEO David Solomon. But his adjustme…

Dan DeFrancesco   


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1 min read

Apple cancels self-driving EV project, to lay off workers: Report

Apple has reportedly shelved its autonomous electric car project permanently and is likely to lay o…

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Walmart lays off hundreds of employees to 'prepare for the future'

Retail giant Walmart is laying off hundreds of employees at its e-commerce facilities across the US…

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Amazon Fresh is laying off hundreds of store workers

Amazon told the Washington Post that hundreds of workers lost their jobs on Tuesday as the grocery …

Alex Bitter   


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2 mins read

Goldman Sachs has started laying off over 3,000 employees globally

Investment banking giant Goldman Sachs started talking to affected staff members Wednesday, a sourc…

Sindhu Sundar,Grace Dean   


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18 mins read

The Goldman prodigy behind Silicon Valley's glorious city of the future

Jan Sramek believes the solution to the housing crisis is to build a new city from scratch —…

Hugh Langley,Adam Rogers   


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Microsoft is laying off 1,900 workers at Activision, Xbox, and ZeniMax

Microsoft Gaming CEO Phil Spencer announced the job cuts in a memo sent to staff, obtained by The V…

Jyoti Mann   


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1 min read

Goldman Sachs to lay off up to 8% of its workforce

Goldman Sachs CEO David Solomon previously said the firm is seeing "headwinds on our expense lines."

Sindhu Sundar,Emmalyse Brownstein