Goldman Sachs Signals Job Cuts and Hiring Slowdown Amid AI Push

Goldman Sachs eyes layoffs and hiring slowdown amid AI push

Goldman Sachs warns of looming layoffs as AI reshapes Wall Street giant’s operations:

Goldman Sachs is preparing for another round of layoffs as part of a sweeping internal overhaul driven by artificial intelligence.

Goldman Sachs is cutting jobs as it unveils 'OneGS 3.0.' Read the memo detailing its AI-driven overhaul.

Goldman Sachs CEO David Solomon addressed AI spending this week at a conference in Italy.MARCO BERTORELLO/AFP via Getty ImagesGoldman Sachs is overhauling its marquee OneGS program, launching "OneGS 3.0."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.Goldman Sachs is rolling out a major AI-driven over…

Goldman Sachs informs staff of potential layoffs, hiring slowdown amid AI push - report (GS:NYSE)

Goldman Sachs Group (GS) is said to have informed its employees of potential job cuts and a hiring slowdown through 2025-end amid a push to enhance productivity using artificial intelligence.

Goldman Sachs signals job cuts and hiring slowdown amid AI push

An internal memo outlines Goldman Sachs’ strategic AI push, dubbed ‘OneGS 3.0’

Goldman Sachs eyes job cuts and hiring slowdown amid AI push, memo shows

(Reuters) -Goldman Sachs has informed employees of potential job cuts and hiring slowdown through the end of the year, according to an internal memo seen by Reuters, as the Wall Street giant aims to use artificial intelligence to enhance productivity. (Reporting by Ateev Bhandari in Bengaluru; Editing by Leroy Leo)