Goldman Sachs president Waldron says Wall Street bank is ‘running tighter’ amid lay-offs
The Wall Street bank is embarking on its third round of job cuts within a year
John Waldron said that the bank was in the midst of "additional targeted actions" with its employee numbers
Getty ImagesGoldman Sachs' president and chief operating officer, John Waldron, said that the storied Wall Street bank is "running 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 Wall Street Journal reported on 29 May. Goldman is looking to save around $600m on payroll costs, he said at the Bernstein...
