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New York City-based mega investment banking firm Goldman Sachs has asked some of its managers to relocate from major hubs — like its downtown Manhattan headquarters or a major location in London — to less expensive emerging locations like Salt Lake City or Dallas. The alternative is to lose their jobs, according to a report from Bloomberg News.

The investment bank is shipping its managers to growing locales to help develop talent pipelines in regions where the company is Please log in to see the rest of this story.