Performance-based cuts to a small number of staff planned for April
Source-backed update · Reported plan · Goldman Sachs
EventReported March 19, 2026; cuts planned for April 2026
Added to WorkHushMarch 19, 2026
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Sources
Reuters (via WDEZ) · Mar 19, 2026Supports: Citing a source, reports Goldman will cut a small number of underperforming staff in April, outside its annual review, and quotes a spokesperson calling regular headcount management nothing out of the ordinary.Open the sourcePrivate Banker International (via Yahoo Finance) · Mar 23, 2026Supports: Reports the April cuts of underperforming staff, with the same spokesperson statement, crediting Business Insider and Reuters.Open the source
Not in the sources
The sources give no number or percentage for these cuts, which are separate from the annual review that usually removes 1% to 3% of staff.
More job cuts in March 2026 ›