Goldman Sachs is shaking up how it cuts low performers this spring

Layoffs are coming to Wall Street banking and trading giant Goldman Sachs this spring, Business Insider has learned.

Mario Tama/Getty Images

• Goldman Sachs is set to initiate small rounds of head count cuts starting next month, sources say.
• The Wall Street giant is known to oust poor performers, often through an annual companywide process.
• This spring, it's giving business-line leaders more discretion to set their timelines, sources said.

Goldman Sachs is planning to start trimming staff next month...