(Corrects to clarify in the first paragraph that it’s one of the biggest rounds of job cuts, and not the biggest)
(Reuters) – Goldman Sachs Group Inc will start one of its biggest rounds 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.
(This story has been corrected to clarify in the first paragraph that it’s one of the biggest rounds of job cuts, and not the biggest)
(Reporting by Shivani Tanna in Bengaluru; Editing by Rashmi Aich)