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Goldman Sachs to make small job cuts on performance in April, source says

ReutersMar 19, 2026 7:00 PM

- Goldman Sachs GS.N plans to cut a small number of jobs in April of staff that have underperformed, a source familiar with the matter said.

The cuts are not part of its regular annual culling, called internally "strategic resource assessment" under which the Wall Street firm traditionally cuts between 1% to 3% of staff, the source said.

The Business Insider earlier reported Goldman's plan to trim staff next month, citing multiple people familiar with the situation.

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