Goldman Sachs Group Inc. is considering another round of job cuts amid a muted dealmaking environment that has dented revenues across Wall Street.
The investment bank is working on what would be its third round of job cuts in under a year, according to people with knowledge of the plans.
The firm eliminated several hundred jobs in September, followed by a much bigger round of cuts at the start of this year.
The moves this time are expected to affect less than 250 people and will include more-senior employees at the firm, one of the people said, asking not to be named discussing private matters.
A representative for Goldman Sachs declined to comment.
The move comes a few months after the bank embarked on one of its biggest rounds of job cuts ever when it moved to eliminate about 3,200 positions in January.