Goldman Sachs cuts bankers’ bonus pot by 20% as profits fall

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Firm announces $798m reduction in amount set aside for benefits and salaries

Goldman Sachs has slashed 20% from the cash it sets aside to pay bankers’ bonuses after reporting lower profits in the first three months of the year.

 

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Thoughts and prayers

How will they survive on $18M instead of $20M?! This is tragic news.

Could there be another recession in the air?

thoughts and prayers, hope they can put food on the table 🙏🏻

So incredibly brave of them. Sending our prayers. 🙄

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