According to BlockBeats, on August 31, sources from the Wall Street Journal revealed that Goldman Sachs plans to lay off more than 1,300 employees worldwide as part of the annual review process to eliminate underperforming employees.

The layoffs account for 3%-4% of the total number of employees. As of the end of last year, Goldman Sachs had a total of about 45,300 employees, which will affect about 1,300-1,800 people.