Exclusive | Goldman Sachs to Target Vice Presidents in Next Round of Cuts - WSJ
1. Goldman Sachs plans layoffs focusing on vice presidents for efficiency. 2. 3% to 5% workforce reduction expected; layoffs likely in spring. 3. Firm's headcount aimed to remain flat after reaching 46,500. 4. CEO emphasizes ongoing need for efficiency improvements in operations. 5. Stock up 45% over the past year, showing strategic focus success.