Fortune: Goldman Sachs cut 3,200 employees last week, its largest layoff since the 2008 financial crisis. While the tech industry kicked off the layoff tsunami in 2022, banking has picked up the mantle, with BlackRock, Morgan Stanley, and Citigroup recently announcing job cuts.#WallStreet #layoffs #financialsystem #banks https://fortune.com/2023/01/18/goldman-sachs-severance-package-layoffs-employees/ #bellweather another #FinancialCrisis #studentdebt #mortgages #creditcards
Goldman Sachs employees receive severance packages one week after layoffs. Here’s what’s inside

Laid-off employees get five weeks of severance pay but no bonuses.

Fortune
@bespacific Those PPP loans were for nothing, again.