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CEO says Goldman’s job cuts should have been earlier, FT reports
The Fly

CEO says Goldman’s job cuts should have been earlier, FT reports

David Solomon told a private gathering of Goldman Sachs’ top executives that he had erred by not cutting jobs earlier in 2022, Financial Times’ Joshua Franklin and Kaye Wiggins report, citing people familiar with the remarks. Please use the sharing tools found via the share button at the top or side of articles. Speaking to about 400 Goldman partners at a closed-door meeting in Miami this week, the chief executive said he took responsibility for being slow to reduce headcount and pare back investment in new projects when it became apparent a significant business slowdown would happen. Reference Link

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