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Fortune
Fortune
Steve Mollman

Goldman Sachs employees were laid off at ‘meetings’ they had been emailed calendar invites for: Report

(Credit: Patrick T. Fallon—Bloomberg via Getty Images)

It’s one thing to get laid off from a prestigious bank like Goldman Sachs. It’s another to have that happen after showing up for what you thought was a routine meeting.

On Wednesday, Goldman eliminated 3,200 jobs, or roughly 6.5% of its workforce. That came as no surprise as CEO David Solomon had already warned staff last month he anticipated that “headcount reduction will take place in the first half of January, citing “tightening monetary conditions that are slowing down economic activity.”

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