JP Morgan, Goldman Sachs join layoff bandwagon
Edited By WION Video Desk
Published: Jun 25, 2023, 19:50 IST | Updated: Jun 25, 2023, 19:50 IST
The global economic slowdown has taken its toll on banking and finance giants. Latest reports suggest that Goldman Sachs and JP Morgan, two of the biggest names in global finance, are laying off scores of employees globally. Goldman Sachs has started laying off managing directors across the world as deal making slows down amid a downturn in the global economy. On the other hand, JP Morgan chase is cutting about 40 investment bankers in North America.
trending videos
)
European-Led NATO in Planning if Trump Pulls Out
)
VIDEO | Rape, religious conversion, blackmail: Wife of Air Force official makes serious allegations on former classmate
#Metoo haunts Malayalam cinema: Actor Mohanlal breaks silence on sex scandal
)
Furious Iran vows retaliation after 'Ukraine attacks' Iran vessel 'on Israel's behest'
)
Sudan Civil War: UN Warns of Regional Spillover, 700 Killed in Drone Strikes
)
How West Asia Conflict Affects India
)
PoK: Polls amid protests, police crackdown, and restrictions
)
Greece's Ancient Sites Under Climate Strain; 19 Sites at Urgent Climate Risk
)
China: Bitchat Taken Down Over Regulatory Orders | Still Available Outside China
)
Parliament debates anti-paper leak Bill
)
Seattle mass shooting: Third teen suspect arrested
)
Mekedatu Dam Project: Centre clarifies Karnataka doesn't need consent of riparian states
)
Ebola outbreak intensifies: 90% cases reported in Ituri region
)
Kyiv under fire: Deadly drones hit Russia
)
US-Iran ceasefire: Fire on hold for third consecutive day
)
Cheap, accurate & deadly: Iran's Kheibar Shekan missile is becoming even more dangerous!
)
14-year-old Andhra Pradesh girl selected to build satellite
)
Russia-Ukraine War: Russia drops 3-tonne Glide bombs on Ukraine
)
Saudi-Iraq row escalates: Yemen governemnt warns of escalation with Houthis
)
Israel’s Prime Minister Benjamin Netanyahu heads to US amid Zohran Mamdani’s protest call
)
US-Iran War: Iran's Kheibar Shekan missile beats American air defences
)
Video: Grain vessel struck by Russian cruise missiles sinks 7 days after the attack that killed 10
)
Nepal seeks India's approval for national ID card as travel document
)
Molise Landslide: Heavy Rain Triggers Large Landslide in Molise
)
Philippines: Lawmakers applaud Marcos' strong stance on maritime claims
)
Unprecedented Chinese stealth deployment near Ladakh, Arunachal Pradesh
)
Kate Bush fans celebrate 'The Most Wuthering Heights Day Ever 2026'
)
UK Elections: Opinion Polls Predict Debacle for Labour in Upcoming UK Elections
)
Jr NTR suffers injury while Shooting For Prashanth Neel's film 'Dragon'
Russia-Ukraine War: Russia drops 3-tonne Glide bombs on Ukraine
)
Meta faces scrutiny after report alleges thousands of AI nudify app ads
)
El Niño Looms as Oceans Warm Up
)
France & Spain battle 'unpredictable' wildfires
)
Israel intercepts Gaza Sumud Flotilla vessels: What we know so far
)
Saudi-Iraq row intensifies: Yemen governemnt warns of escalation with Houthis
)
Spain: Fresh wildfires break out in Valencia
)
US-Iran ceasefire: Trump says 'good chance' of progress in talks
)
WION Health Pulse: India's pharma power | Global healthcare lifeline
)
India: Rameshbabu Vaishali Secures 2026 Women’s Candidates Victory
)
Ranbir Kapoor Makes Time 100 Most Influential List | Ranbir Kapoor to Play Lord Rama
)
PM Modi Announces Exam Reform Task Force | Iran Tanker Blast | Ukraine War | Houthi Attack
)
Seattle mass shooting: At least three killed & dozens injured in deadly food festival shooting
)
Art meets nature in Australia
)
Andrea Pirlo no longer running for Italy job: Faces backlash over Russian betting firm links
)
New York Mayor Mamdani says officials should arrest Benjamin