Laying Off Employees Has Been Good For Goldman Sachs
Thanks to everyone who chipped in by cleaning out their desks.
Goldman Sachs To Celebrate Huge Quarter By Laying Off Employees
Goldman Sachs Probably Won't Be Laying People Off Anytime Soon
People being the operative word here, as the statement "we're going to look for other means for efficiency" most certainly suggests plants may once again find themselves on the chopping block. After a year of cost-cutting that resulted in more than 2,400 job cuts, Goldman Sachs is satisfied with its staffing levels and doesn't intend to conduct more large layoffs. Chief Financial Officer David Viniar said the firm has "largely implemented our announced expense reductions" and is "relatively well-positioned, assuming the environment stays where it is." He was speaking on a conference call with analysts to discuss first-quarter earnings. "We're going to look for other means for efficiency," he said. "I wouldn't expect anything major to change from where we are." Goldman Sachs Ends Layoffs [FINS] Related: Layoffs Watch ’11: Goldman Sachs’ Philodendrons In The Line Of Fire
Bridgewater Isn't Laying Off Employees, It's "Renovating" The Company
In other words: it's laying off employees.
HSBC Investors Tell Bank To Speedup Layoffs By Laying Off Deadweight Members Of The Board
It'd really go a long way towards improving things around here. Just something to think about.