CEO's Corner®-By K.L.P Entertainment™-"January 11th Edition"

CEO CORNER®

BY Kennedy Lucas Publishings LLC

Goldman Sachs has started making job cuts. One of the bank's largest waves of layoffs since the 2008 began on Tuesday, starting with its prestigious equity capital markets section and expected to reach 3,200 people, according to sources speaking to DealBook. On Wednesday, further general layoffs are anticipated to be made.

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initiative to analyze and reduce expenses throughout the company. Ericka Leslie, Goldman's senior administrative officer, has been tasked with a challenging assignment that close coordination with John Waldron, the company's COO, and David Solomon, the CEO.

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Ms. Leslie, who are you? She was

She says the experience gave her the skills to be independent in business: When she working at Goldman Sachs, she contacted her father and told him, "You're not going to believe this, but when the light goes out, someone comes in and according to an Infosys interview.

Ms. Leslie began working with Goldman in the finance department in 1996, and in 2012 she was promoted to partner. In 2018, she was appointed global head of operations for the securities division. after that, the administrative chief in January The F.T. claims that spending on almost everything, including travel and Goldman's troubled consumer finance operations, is being reviewed. The company's two Gulfstream planes, which the bank purchased in 2019 after previously relying on the NetJets rental business, are a delicate topic of discussion. (Mr. Solomon has drawn criticism for frequently using company flights.)

immediately checked his phone to see if he still had a job.

Others wonder if the traders who relocated to Goldman's branch inWest Palm Beach, Florida, have exposed themselves, particularly given that Marc Nachmann, who was most recently the division's co-head, will now spend more time in New York managing the company's recently combined asset and wealth management division.Later this week, we might learn more about Leslie's opponents. In accordance with a comprehensive restructure it announced in October,

-DIAM NOBIS

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its owner, Elon Musk, tries to revive the company's business.

Since at least December, according to the people, Twitter staff have discussed selling some user identities for the service. The words, digits, or strings of characters that come after the @ sign and serve as user names on platforms have been explored by engineers as potential items for online auctions. For instance, Mr. Musk's user name is @elonmusk.

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The status of the

certain subset are sources. But last few user names, figures, companies, and names, may be valuable.

Since Mr. Musk purchased the social media firm in October for $44 billion, it has been in disarray. The billionaire is under pressure to complete the purchase due to the deal's exorbitant price tag. Since then, Mr. Musk has reduced Twitter's spending by forcing layoffs, eliminating other expenses, and pausing vendor payments. In the midst of Twitter's steep decline in ad revenue, he has attempted to identify alternative sources of income. He has created a revised subscription model where users pay for verification badges, and the business has made

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in order to process payments, with the Treasury Department. Similar to China's WeChat, which more than a billion people use to read news, interact with friends, make payments, and buy meals, Mr. Musk has stated that he has ambitions of building "an everything app." User names that stand out, usually referred to as handles, might be profitable. Early adopters of social media sites frequently claim them, and some individuals and businesses are willing to spend thousands of dollars for them. People may now purchase "original gangster," or O.G., user names on black marketplaces, which have sprung up because they contain a short word or number and may have been abandoned by their owners.

Requests for response from Twitter and Mr. Musk went unanswered. SUBSCRIBE TO K.L.P ENTERTAINMENT TODAY ON YOUTUBE