Goldman Sachs tells regulators of 98 job cuts in New York

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Published: June 23, 2016 7:27:44 PM

Goldman Sachs Group Inc told regulators on Wednesday it was laying off 98 employees in New York, according to a filing by the bank with the state Department of Labor.

Goldman SachsThe employees, who were notified in April, May and June that they are losing their jobs, are part of the bank’s third round of layoffs, according to a person familiar with the matter. (Reuters)

Goldman Sachs Group Inc told regulators on Wednesday it was laying off 98 employees in New York, according to a filing by the bank with the state Department of Labor.

The employees, who were notified in April, May and June that they are losing their jobs, are part of the bank’s third round of layoffs, according to a person familiar with the matter. They will fall off the banks’s payroll between July and October, the source added.

Also Read: Goldman Sachs lays off Russia staff, more expected- sources

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