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Rank and Yank - How Goldman Culls The Herd

posted: 4 months ago

Bloomberg Contributing Editor Bill Cohan examines Goldman Sachs' yearly exercise of cutting 5% of its workforce.

An excellent video about how and why Goldman Sachs cuts 5% of his workforce each year, and how the firm signals to employees that all is not well.

He speaks on Bloomberg Television's Market Makers.

Source: Bloomberg

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