GOLDMAN Sachs plans to cut 3,200 jobs and could announce this as early as this week, a source close to the issue said yestay, confirming press reports.

The American investment bank did not respond to an AFP query seeking comment.

A source close to the issue said there would be a maximum of 3,200 jobs eliminated – less than the figure of 4,000 cited in the press last month – and that it could end up being slightly less.

The larger figure of 4,000 would be about 8% of the bank’s staff. – AFP, January 9, 2023.