As part of that revamp, dubbed OneGS 3.0, Goldman Sachs will implement a "limited reduction in roles" and will restrict head count growth through the end of the year, the company said in a firmwide ...
Goldman's analysts forecast a 4% reduction in headcount over the next year, followed by a deeper 11% cut within three years.
Many Goldman Sachs workers who lose their jobs to AI will not get those jobs back. This is happening across the entire ...
Only 11% of firms reportedly cut jobs due to AI, with most using it to boost productivity and revenue, Goldman Sachs survey ...
Goldman Sachs CEO David Solomon said every CEO he speaks with is focused on AI automation, and despite “volatility” around ...
AI isn't a job killer for bankers, Goldman Sachs CEO David Solomon says. Why it matters: As concerns mount about the role of ...
Wall Street economists are expecting, on average, a 190,000 gain in May payrolls on Friday, but a less-optimistic Goldman Sachs is looking for a gain of just 160,000. "When the labor market is tight, ...
The Goldman Sachs 10,000 Small Businesses Summit brings together entrepreneurs with speakers including CEO David Solomon, Michael Phelps and Michael Bloomberg in Washington, D.C.
Goldman Sachs on Tuesday launched its $100 million "Investment in Rural Communities" in Utah, marking the program's debut in ...
Goldman Sachs’ Alvaro del Castaño retires after 30 years, following reports of critical political columns about Sánchez and Trump.
The bank told employees Tuesday in a memo it would leverage AI to accelerate its efficiency goals. As part of that, Goldman announced headcount constraints and a "limited reduction" of some jobs.