Goldman Sachs to cut about 3,200 jobs this week after cost review: Report

Goldman Sachs Group Inc will begin its biggest round of job cuts ever, Bloomberg News reported on Sunday, as it embarks on a plan to eliminate about 3,200 positions this week.

The report quoted a source as saying that the financial services company is expected to start the process in the middle of the week and that the total number of people affected will not exceed 3,200.

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