Goldman Flags 25% Drop in Trading Revenue as Job Cuts Loom

Gunnar Larson g at xny.io
Thu Jun 1 08:59:32 PDT 2023


Goldman Sachs Group Inc. (GS)is warning investors of a sharp slowdown in
its investment bank from the bumper gains a year ago, as the bank hunkers
down in the face of an “extraordinarily challenging” economic backdrop.

Goldman Flags 25% Drop in Trading Revenue as Job Cuts Loom
https://www.bloomberg.com/news/articles/2023-06-01/goldman-says-more-job-cuts-coming-amid-tougher-environment
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