Goldman Sachs plans to cut more than 1,300 jobs worldwide as part of an annual review process to weed out underperforming employees, sources have revealed. The cuts represent 3% -4% of the workforce. Given that Goldman had a total workforce of around 45,300 at the end of last year, this will affect around 1,300-1,800 people. The cuts have already begun and will continue throughout the fall, sources said. Goldman Sachs' annual cuts use a number of variables to measure performance, an increasingly...