Overview

• Leaders told employees they will restrict hiring through year-end and make a limited reduction in roles, while a spokesperson said overall headcount is still expected to increase by December.
• The OneGS 3.0 program focuses early efforts on sales enablement, client onboarding, lending processes, regulatory reporting and vendor management.
• Goldman reported approximately 48,300 employees at the end of September, about 1,800 more than a year earlier.
• The firm says thousands of staff already use its internal GS AI Assistant to summarize documents, draft reports and analyze data.
• The move comes as major peers pursue cost cuts and as analyses warn automation could pressure entry-level and back-office finance roles across the sector.