Goldman Plans Third Round of Job Cuts in a Year

Goldman Plans Third Round of Job Cuts in a Year

Assessment

Interactive Video

Business

University

Hard

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The video discusses the ongoing job cuts at Goldman Sachs, with a focus on the recent and potential future reductions affecting senior roles due to a deal-making slump. This issue is not isolated to Goldman Sachs but is a broader phenomenon affecting the banking industry, with other banks like Lazard and Citigroup also making workforce adjustments. The slump is expected to continue throughout the year, indicating more potential cuts across the sector.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What recent job cuts were reported at Goldman Sachs?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected impact of the ongoing deal-making slump on the workforce across banks?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Which other banks are mentioned as facing similar issues as Goldman Sachs?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of workforce reduction is Lazard planning for this year?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Citigroup's CEO say about adjustments in investment banking?

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