Wall Street Journal: Goldman Sachs will lay off more than 1,300 employees, expected to affect 3%-4% of employees

According to the Wall Street Journal, sources revealed that Goldman Sachs plans to lay off more than 1,300 employees worldwide as part of the annual review process to eliminate underperforming employees. The number of layoffs accounts for 3%-4% of the total number of employees. Given that Goldman Sachs had a total of approximately 45,300 employees at the end of last year, this will affect approximately 1,300-1,800 people. Sources said that layoffs have begun and will continue throughout the fall. Goldman Sachs uses a number of variables to measure performance in its annual layoffs, and an increasingly important factor is office attendance. During the epidemic and its aftermath, Goldman Sachs and its peers have relaxed requirements for employees to work outside the company, but banks have begun to crack down on employees who do not appear in the company frequently. (Jinshi)