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NEW YORK (Reuters) - Goldman Sachs Group Inc (GS.N: Quote, Profile, Research) and Credit Suisse Group (CSGN.VX: Quote, Profile, Research) on Friday said they will cut about 2,000 job worldwide as a credit crisis puts a damper on fixed-income trading and corporate dealmaking.
Goldman Sachs, the most valuable U.S. investment bank by market capitalization, plans to cut its global work force 5 percent, targeting the worst-performing employees.