Essence Magazine:
By Jasmine Browley· Updated September 30, 2022
It looks like the world’s biggest financial institutions are bracing themselves for a looming recession and workers are being affected.
Earlier this month, Bloomberg reported that Goldman Sachs laid plans to cut several hundred roles ahead of October. Experts predicted that the bank will report a drop in earnings of more than 40% this year.
“Goldman shares are down more than 10% this
This post first appeared in Essence Magazine. Read the original article.