Goldman Sachs

The American recovery from the financial crisis is far from complete. The official national unemployment rate stands at 7.7 percent, as of February. But there are surprising signs of recovery, many of them in the manufacturing sector. What had been written off as the "sick man" of the U.S. economy is now a sector ...

Goldman Sachs Group Inc. will begin a fresh round of job cuts as early as this week, sources familiar with the matter said on Monday, with its equities-trading business bracing for bigger cuts than fixed-income trading. The bank usually culls out the weakest 5 percent of its employees around now. But the cuts ...

No matter how bad the economy is, some workers will always be so fed up they feel they have no choice but to storm off and quit their job. ...

With millions of people unemployed, it's no surprise that job seekers find the process of job hunting an excruciating ordeal. Filling out online applications sometimes feels like an exercise in futility, as thousands apply for too few jobs. But a survey suggests that the online hiring process that ...

By Matt Egan Just weeks after gripping the financial world with a scathing op-ed piece about Goldman Sachs, Greg Smith has reportedly landed a seven-figure advance on a book deal. ...

It's been nearly 30 years since the Muppets took Manhattan, but they're making a comeback, of sorts, thanks to Greg Smith, the former Goldman Sachs Group employee who infamously quit his job last week in a scathing op-ed in The New York Times. In reaction to Smith's allegation that he witnessed Goldman ...

You want to say, "Take this job and shove it," but should you? The best way to resign has become a hot topic in the wake of Wednesday's high-profile departure from Goldman Sachs of executive Greg Smith. "It makes me ill how callously people talk about ripping their clients off," Smith wrote in a scathing New ...

Following former Goldman Sachs executive director Greg Smith's outspoken disapproval of the way the investment bank is running its business these days, lots of Goldman employees are weighing in on his actions and what it's like to work at the firm. Smith's now-infamous op-ed piece Wednesday in The New York ...

In what may become a textbook example of how to burn a career bridge, a soon-to-depart Goldman Sachs employee has sounded off in an op-ed in The New York Times, warning that the investment bank's culture is little more than a toxic stew of greed that bears little resemblance to its once illustrious past. Greg ...

They had their lives mapped out. Having won and completed ultra-competitive summer internships at Lehman Brothers. They entered senior fall with a job offer in their pocket. But as the American financial sector crumbled in September 2008, and Lehman Brothers filed the largest bankruptcy in U.S. history, those ...

Six digits on Wall Street usually has a very different meaning. This fall, the country's financial firms could lay off more than 100,000 workers in a wave of belt-tightening, reports say. Leading the charge have been the widely noted cuts to be put in place at Bank of America. The bank is set to implement the ...

With the economy on a slow and staggered upswing, many Americans are just looking for a way to pay the bills. But some lucky job seekers will find themselves with more than just a job. They'll end up with a career. First, however, they need to know where to find it. ...

Goldman Sachs Group, one of Wall Street's largest employers, plans to cut about 1,000 jobs as part of a $1.2 billion cost-cutting measure, the company said Wednesday. The job-cuts announcement followed Wednesday's release of Goldman's second-quarter earnings, which showed that revenues derived from the ...

By CANDICE CHOI NEW YORK (AP) -- Goldman Sachs Group Inc. said Wednesday that it could lay off as many as 230 workers in New York by next spring. The investment firm notified the New York State Department of Labor of the possible layoffs in a notice filed on Wednesday. In the filing, Goldman said the ...

It was lauded for weathering the American financial crisis better than its peers, and now it's moving jobs offshore. FOX News is reporting that Goldman Sachs will be adding 1,000 positions in its Singapore branch. "They are expanding overseas, the same type of high-paying jobs they are going to cut here in ...

During this time of year everyone worries about being thought of as naughty or nice. For children being on Santa's nice list mean receiving a plethora of toys under the Christmas tree, but for larger, older kids (i.e. working adults), being on the nice list means getting a big holiday bonus and the possibility ...