--Goldman Sachs Group Inc. (GS), which laid off 65 New York employees last month, will likely be letting more employees go, The New York Post reports Thursday, citing "sources close to the bank."

--Goldman laid off other employees this week, including traders and salespeople in its equities and credit divisions, the report said, citing "two people familiar with the layoffs."

--While Goldman Sachs typically cuts about 5% of its workforce around March, to get rid of underperforming workers, the cuts in some divisions could be higher this year, the report said.

 

Full story: https://nypost.com/2019/03/14/goldman-sachs-lays-off-dozens-of-traders/

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

March 14, 2019 14:28 ET (18:28 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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