Goldman Sachs is one of the world’s largest investment banking companies, with total revenues of 47 billion dollars and profits of 10 to 11 billion dollars in 2022. However, the market reacted negatively to their latest results, with the stock dropping by 6%, primarily due to the 50% revenue reduction in their investment banking division. […]
The recent Consumer Price Index (CPI) numbers and the Dow performance have been encouraging, with Bitcoin finally heading in the right direction. But is this a sign of an impending market turnaround or are we heading for more pain? In this article, we’ll take a look at what the biggest companies and institutions are doing […]
Goldman Sachs has taken away the complimentary coffee perks for its employees. Goldman Sachs is also potentially facing layoffs of as many as 4,000 low-performing employees. The loss of coffee perks is a sign of the times and the impact of inflation on businesses and their employees.