Goldman Sachs announces additional job cuts – report
Goldman Sachs has informed its employees to brace for another wave of job cuts this year as the banking giant seeks to streamline operations and leverage AI to enhance efficiency. The New York-based firm is taking an approach to manage its workforce, aiming to "constrain headcount growth through the end of the year," as stated in an internal memo obtained by Bloomberg News. Despite the anticipated job reductions, Goldman Sachs expects to conclude the year with a net increase in employees, according to th ...