Goldman Sachs (NYSE:GS) who got major attention last week when Greg Smith resigned and wrote an op-ed in the New York Times has more bad news.According to sources in familiar with the matter, the company started a run of job cuts throughout its investment banking and trading departments but there is no clear number of how many were let go.Last year 2,400 positions were cut in order to reduce costs to raise profitability.Goldman Sachs Group (NYSE:GS) has potential upside of 7% based on a current price of $123.49 and an average consensus analyst price target of $132.1.
