Sage Investment Club

Goldman Sachs Group Inc. plans to cut 3,200 jobs starting this week, according to a person familiar with the matter, part of a wave of cost-cutting on Wall Street after a big slump in dealmaking. The layoffs amount to nearly 7% of the 49,000 employees on the U.S. bank’s payroll as of September. Goldman’s executives have been [planning since at least December to slash thousands of jobs](

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