Goldman Sachs' annual culling of underperformers is coming earlier than usual this year
1. Goldman Sachs plans to cut 3% to 5% of its employees this spring. 2. Focus is on trimming the vice-president ranks due to bloated structure. 3. CEO emphasizes ongoing cost-cutting and operational efficiency strategies. 4. Performance reviews will determine job vulnerability, impacting bottom 10% performers. 5. Dallas site expansion to support future growth despite cuts elsewhere.