Two firms cut jobs, one more relocates positions

way out

It's all happening.

Goldman Sachs dismissed about 60 traders and salesmen in New York and London this week, according to a person briefed on the matter.

Bloomberg News reports that the cuts, which come on top of at least 353 others in New York this year, affect employees in fixed-income and equities, said the person, who asked not to be identified discussing personnel decisions. The departures are about evenly split between the two cities, the person said. Business Insider reported the New York cuts earlier Thursday.

In the meantime, Reuters reports that Commerzbank is to cut more than 100 jobs in its New York office as it streamlines certain operations in order to focus more on investment banking, an executive said.

"The planned realignment of our U.S. business will result in respective headcount reductions," Michael Reuther, head of capital markets at Commerzbank, said in an interview published on the company's intranet and seen by Reuters.

Finally, Reuters also reports that fund manager Fidelity plans to move around 100 jobs from Britain to Dublin as a part of its long-term strategy, a spokesperson said in an email to Reuters.

The company said the move was part of an existing plan and was not related to Britons' vote last week to leave the European Union.

Goldman Sachs Said to Cut About 60 More Jobs in New York, London

Commerzbank to cut over 100 jobs in New York

Fidelity to move 100 jobs from London to Dublin

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