Goldman cuts underperforming staff every yearPhoto: Michael Nagle/Getty Images
Goldman Sachs has decided against a second round of performance-related job cuts this year after both its investment bankers and traders pulled off a surprising surge in profit during the second quarter.
The Wall Street bank is not planning a second round of redundancies this year after an improved performance across its business lines, theFinancial Timesreported citing people familiar with the matter.
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