After disappointing earnings with FICC revenues down 63% from last quarter, David Viniar announced on this morning’s call that GS expects to complete $1.2 billion in run-rate compensation and non-comp expense reductions by year end. Translation: 1,000 of you are out.
grab an extra coffee on your way out
- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
