Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.11 - Central banking

3,250 jobs
Number of planned job losses
Job loss
Announcement Date
11 November 2008
Employment effect (start)
3 November 2008
Foreseen end date

Description

Goldman Sachs, global investment banking and securities firm headquartered in New York, has announced that it is to cut 3250 jobs (out of 32,500) across the world. The restructuring, which started at the beginning of November 2008, is due to the global financial crisis.


Sources

  • 11 November 2008: Hospod├írske noviny

Citation

Eurofound (2008), Goldman Sachs, Internal restructuring in World, factsheet number 67355, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67355.