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Goldman Said to Cut M A Bankers

Posted on June 17, 2008

Goldman Sachs laid off investment bankers last week as it reacts to slowing markets and a slump in merger activity, according to Reuters.The cuts, described as in the hundreds, were concentrated among support staff and junior level bankers, the news service said. One insider told Reuters that 25 percent of employees at the vice-president level [...]...

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