Goldman Sachs plans another round of layoffs, NY Post reports

Goldman Sachs is planning another round of layoffs expected to commence as soon as October, The New York Post’s Lydia Moynihan reports. According to sources, the layoffs, which would be the fourth round of cuts at the bank since last fall, would target 1% of underperformers, with one source saying managers have already created lists of roughly 440 potential employees in investment banking, trading, asset and wealth management, and operations who will be affected.