Report: Goldman Sachs is set to lay off thousands of workers, following in Big Tech’s footsteps

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The number of job cuts at the banking giant could rival those that took place in the wake of the 2008 financial crisis.

The last few months have not been good ones for workers in the tech industry. Since November, both startups and established tech giants have laid off hundreds of thousands of workers as they seek to cut costs during economic slowdowns. But as 2023 begins, the latest report from Bloomberg shows it’s not just tech workers with their jobs on the line.

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