09-11-2016 19:36 via news.yahoo.com

Goldman names 84 new members to partner class, six more than prior group

The latest induction will bring the total number of partners to around 484, or 1.4 percent of Goldman's work force. Goldman, which announces new partners every two years, has cut the number by almost a quarter since 2010, when it appointed 110 to the coveted ranks. Goldman embarked on a cost-cutting plan in the first half of the year intended to save $700 million a year.
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