With mounting cost pressures, Goldman Sachs is reportedly planning to lay off roughly 4,000 employees

According to Bloomberg, citing a source familiar with the situation, Goldman Sachs Group Inc. is planning to let off about 4,000 employees.

These recent layoffs at Goldman Sachs are indicative of potential further job cutbacks across Wall Street in the coming months as businesses struggle with rising cost constraints and a downturn in demand.

According to a study, at the end of the third quarter of this year, the company ha....