Goldman Sachs Group, Inc. (GS: Quote) has eliminated several dozen positions in the U.S. to cut expenses, reports said Thursday. The employees are believed to have been part of jobs such as administration, which are not revenue-generating.
The reductions are said to have affected positions in New York, New Jersey and Salt Lake City, Utah. It is not clear whether such cuts were effected elsewhere in the company's offices.
The firm had cut less than 50 jobs early this month.
GS closed on Thursday at $93.49, up $0.22 or 0.24 percent, on 4.41 million shares.
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by RTT Staff Writer
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