The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial / Insurance/ Estate 64 - Financial service activities, except insurance and pension funding 64.1 - Monetary intermediation 64.11 - Central banking
3,250 jobs Number of planned job losses
Announcement Date
11 November 2008
Employment effect (start)
3 November 2008
Foreseen end date
Description
Goldman Sachs, global investment banking and securities firm headquartered in New York, has announced that it is to cut 3250 jobs (out of 32,500) across the world. The restructuring, which started at the beginning of November 2008, is due to the global financial crisis.
Sources
11 November 2008: Hospodárske noviny
Citation
Eurofound (2008), Goldman Sachs, Internal restructuring in World, factsheet number 67355, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67355.