REPORT: Goldman Sachs Just Laid Off A Couple Bankers

Goldman sachs booth on the floor of the NYSE

Photo: AP Images

According to Reuters’ Lauren LaCapra, Goldman Sachs has cut “several dozen” U.S. jobs.The job cuts took place at the headquarters in lower Manhattan, New Jersey, and Salt Lake City.

The purpose for the cuts, according to the sources who spoke to Reuters, was to cut costs amid a “slowdown in capital markets activity.”

Don’t Miss The Top 25 Stocks In America According To Credit Suisse >

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.