Join the forum, it's quick and easy

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Stillnutty passed away
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptyWed Feb 06, 2019 3:59 pm by Sad American

» UF2 Members Chat Thread: Part 3
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptyThu Mar 02, 2017 1:02 am by DesperateInRI

» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptyWed Mar 01, 2017 8:19 pm by DesperateInRI

» I see this board has been quiet
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptyTue Jun 07, 2016 1:24 pm by Knight1009

» Hello Ya'll. *Theirmommie*
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptyTue Nov 17, 2015 9:42 am by my_lucid_bubble72

» 20 % of Americans Struggle To Buy Food
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptyThu Jul 16, 2015 1:00 pm by pbrad009

» The Make Some One Day Challenge
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptyWed May 27, 2015 12:32 pm by Prof_NSA

» Clues to why they not hiring you
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptySun Apr 05, 2015 5:25 pm by Sandra5yearsunemployed

» New Year Nothing Change
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptyTue Jan 20, 2015 5:48 pm by Prof_NSA

» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptyFri Dec 19, 2014 4:24 pm by charliekerper

» Forbes: America's #1 Problem is Jobs, Not Debt
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptySat Nov 15, 2014 10:50 pm by jmainframe

» Economy just getting worse
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptyMon Oct 06, 2014 12:16 pm by oncemore

» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptyFri Oct 03, 2014 11:23 am by DesperateInRI

» Hey Guys!!!!
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptyMon Sep 29, 2014 9:17 am by pbrad009

» Up all NIGHT WORRIED!
 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  EmptyThu Sep 25, 2014 11:56 pm by pbrad009

Social Networks
July 2024
SunMonTueWedThuFriSat
 123456
78910111213
14151617181920
21222324252627
28293031   

Calendar Calendar


Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs

Go down

 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  Empty Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs

Post by Guest Tue Jun 28, 2011 10:19 am

Goldman Sachs, the country's fifth-largest bank by assets, plans to hire 1,000 people in Singapore while laying off a significant number of workers at home, according to Fox Business News.

What's more, the investment bank plans on making the decision known to Congress even before telling its own shareholders, fearful of backlash. The jobs are “high-paying, skilled positions in sales and investment banking," according to one person familiar with the matter. Or, in other words, the Singapore hires will be filling the same sort of positions that are being cut in the United States.

News of hiring in Singapore comes at the same time the company has announced plans to cut costs and, more specifically, jobs. Over the coming year, Goldman Sachs plans to cut 10 percent of non-compensation expenses, or $1 billion in costs. The investment bank already laid off five percent of its traders in March and plans to lay off the most underperforming five percent of its staff later this year, according to Reuters.

http://www.huffingtonpost.com/2011/06/27/goldman-sachs-outsources-singapore_n_885549.html?

Guest
Guest


Back to top Go down

 Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs  Empty Re: Goldman Sachs Plans To Hire 1,000 In Singapore While Cutting U.S. Jobs

Post by tristen303 Tue Jun 28, 2011 11:33 am

Another one of Obamas boys (like GE) goes elsewhere what od they know that we don't.

tristen303
Member

Posts : 663
Join date : 2011-02-24

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum