David Solomon, the CEO of U.S.-based investment bank and financial services company Goldman Sachs, said in a staff memo that the latest round of jobs is expected to come within weeks. In an end-of-the-year staff memo obtained by Bloomberg News, Solomon, who has been chairman of the bank since 2019, told staff that the first rounds of layoffs will happen in January, noting the layoffs are happening due to slow economic conditions. “We are conducting a careful review and while discussions are still ongoing, we anticipate our headcount reduction will take place in the first half of January,” Solomon wrote in the memo. “There are a variety of factors impacting the business lands
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