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Goldman to forgo second round of job cuts as outlook improves, FT reports

By Thomson Reuters Jul 23, 2025 | 11:11 PM

(Reuters) -Goldman Sachs has decided not to go ahead with a second round of broad performance-based job cuts this year after a better than expected recovery in investment banking, Financial Times reported on Thursday.

Reuters could not immediately confirm the report.

Goldman did not immediately respond to a Reuters’ request for comment outside regular business hours.

(Reporting by Yazhini MV in Bengaluru; Editing by Mrigank Dhaniwala)