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Goldman Sachs: 3,200 jobs

November 20, 2008

The world's biggest investment bank, Goldman Sachs Group Inc, laid off 3,200 employees globally. As result, its staff strength has been reduced by 10 per cent.

Executives at Goldman Sachs's have given up their year-end bonuses.

Image: Goldman Sachs headquarters in New York City. | Photograph: Mario Tama/Getty Images

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