According to a plan to remove around 3,200 positions this week, Goldman Sachs Group Inc. (GS.N) will begin one of its largest waves of layoffs ever, according to a report from Bloomberg News on Sunday.
The procedure will likely start at the major provider of financial services in the middle of the week, and no more than 3,200 individuals will be impacted, according to the article, which cited a source.
(This story has been updated to reflect that it’s not the biggest round of job cutbacks, but rather one of the biggest.)