Overview

• An internal memo unveiled OneGS 3.0, a multi-year push to rewire operations using AI to boost efficiency, profitability and client service.
• Management said headcount growth will be constrained through year-end alongside a limited reduction in roles to streamline team structures.
• The program prioritizes AI-driven reengineering in sales enablement, client onboarding, lending, regulatory reporting and vendor management.
• Goldman reported a global workforce of about 48,300 as of Sept. 30, roughly 1,800 to 2,000 higher than a year earlier after routine mid-year trims.
• CIO Marco Argenti said thousands of employees already use the GS AI Assistant, while industry coverage highlights broader bank cost cuts and concerns over entry-level and back-office roles.