Goldman Sachs is planning on cutting several hundred jobs this month, making it the first major Wall Street firm to take steps to rein in expenses amid a collapse in deals volume.⁠ ⁠ The expected size of the cull could mean several hundred job cuts at the New York-based firm, which had 47,000 employees at midyear.⁠ ⁠ The bank is reinstating a tradition of annual employee culls – and they’re not likely to be the only bank to cut workers. More details on the cuts at the link in bio.