Goldman Sachs will shed over 200 people in India , as part of its global layoff plans.
In India, the investment banking firm has about 2,300 people, most of that in Bangalore, and the rest in Mumbai. These include resources in investment banking, global investment research, operations and technology.
"All countries where we have operations have to cut 10% of the staff. A message from the global CEO made that very clear.
http://economictimes.indiatimes.com/articleshow/3653391.cms
Friday, October 31, 2008
Blog Objective
To document issues and events related to management of securities market intermediaries in India.
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