Goldman Sachs CEO Warns of Looming Job Cuts amid Slow Economy

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Goldman Sachs is preparing for more job cuts in the near future, according to CEO David Solomon.

“We are conducting a careful review and while discussions are still ongoing, we anticipate our headcount reduction will take place in the first half of January,” Solomon“There are a variety of factors impacting the business landscape, including tightening monetary conditions that are slowing down economic activity. For our leadership team, the focus is on preparing the firm to weather these headwinds,” he added.

The longed-for cut of 1.25 percent in Americans’ wages would take $137 billion from voters’ pocketbooks, each year, in perpetuity, according to data provided by another Wall Street firm, Moody’s Analytics. President Joe Biden speaks in the South Court Auditorium on the White House complex in Washington, December 8, 2022.

 

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Let's Go Brandon!

Biden's Job Creation + Healthier hard working Americans Record! -2021: 6.4 million jobs -2022: 10.5 million jobs -240+ million Americans vaccinated -10+ million jobs available Thanks to a national vaccination plan that made responsible Americans healthier & back to work. AMEN!

Bitch that shit's been happening

Re CEO Goldman Sachs: he must be wrong. Biden says this is a strong economy.

Ha

Awww, time to sell the house in Greenwich and revise next years holiday photo. Shame.

That's why Slow Joe Biden, is importing millions of working age males.

Biden's America

Well clearly he doesn’t know how amazing the BuyDump economy is Buildin back betterer n stuff

It never gets old saying...'Elections have consequences!'

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