Daily Recession covers the world as it goes into recession. The financial crisis, stock market crash, bankruptcies, job cuts, and the turmoil that follows.

Goldman Sachs to cut 230 New York City jobs

Posted: June 30th, 2011 | Author: | Filed under: By Location, USA | Tags: | No Comments »

Goldman Sachs Group Inc said it will cut 230 jobs in New York City between September and March next year, according to a N.Y. Department of Labor filing .

While the cuts represent less than 1% of Goldman’s global workforce of 35,700, they come on the heels of reports that the bank is hiring thousands of employees in Singapore, Brazil and India.

From: Market Watch

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