Goldman Sachs reviews private jet spending amid layoffs

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Goldman Sachs is reviewing spending on its private jets, which CEO David Solomon has used for lavish getaways

by Rolls-Royce engines and feature multiple cabins, and the G650 is one of the most spacious jets on the market.that Goldman Sachs CEO David Solomon had booked multiple weekend getaways on the company's private jets, including trips to the Bahamas and the Hamptons.

Under the bank's policy, executives are required to reimburse Goldman Sachs for any costs associated with personal elements of the trip, but the bank does not publicly disclose those expenses.

 

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