Serious Goldman Sucks To Retrench 30% Of Its Asiatic And Sinkie Staff! AMDK Ah Neh Can Stay!

[JohnTan]

Leaving the firm with slightly more than 200 bankers across Asia outside Japan.
Goldman Sachs is cutting almost 30% of its 300 investment banking jobs in Asia outside Japan in response to a slowdown in activity in the region, two sources familiar with the matter told Reuters.

The Wall Street bank is reducing the number of bankers working on mergers and acquisitions (M&A), and equity and debt capital markets deals, the sources said. It will be left with slightly more than 200 bankers across Asia.

Most of the jobs cuts are likely to take place in Hong Kong, Singapore and China, where Goldman’s main Asian offices are located, according to the sources, who said the process was underway.

A Goldman Sachs gs spokesman declined to comment.

http://fortune.com/2016/09/26/goldman-axing-asia-investment-bankers/

 

[syed putra]

Re: Goldman Sucks To Retrench 30% Of Its Asiatic And Sinkie Staff! AMDK Ah Neh Can St

They got enough from najib to last ten years.

 

[iluvgst]

Re: Goldman Sucks To Retrench 30% Of Its Asiatic And Sinkie Staff! AMDK Ah Neh Can St

if not for pap, there will be 100 percent retrenchments.

 

[kryonlight]

Re: Goldman Sucks To Retrench 30% Of Its Asiatic And Sinkie Staff! AMDK Ah Neh Can St

if not for pap, there will be 100 percent retrenchments.

Praise PAP! Amen.