Goldman Sachs to cut about 3,200 jobs this week after cost review - Bloomberg News

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(Reuters) - Goldman Sachs Group Inc (NYSE:GS) will start its biggest round of job cuts ever, as it locks in on a plan to eliminate about 3,200 positions this week, Bloomberg News reported on Sunday.

The financial services major is expected to begin the process mid-week and the total number of people affected will not exceed 3,200, the report said, citing a source.