These Companies Are Facing Massive Layoffs This Year
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Which companies are laying off employees in 2023? Here's a list of 7 big companies you know that plan to lay off the workforce this year.
Goldman Sachs Lays Off 3,200 Employees and Cuts Salaries
Goldman Sachs said on Jan. 17 it had laid off around 3,200 employees as part of a headcount reduction, per Reuters. The bank said its board had awarded Chief Executive David Solomon compensation of $25 million for his work in 2022, compared with $35…
Bank of America Expects a Recession by Q1 of 2023
Bank of America is expecting a recession to hit the U.S by the first quarter of 2023. There is a major slowdown happening says CEO Brian Moynihan. Economists are now expecting a volatile market to persist in 2023. A recession may be coming in the first…
