Goldman Sachs
An internal memo signed by CEO David Solomon, President John Waldron and CFO Denis Coleman on Oct 14, 2025 launching 'OneGS 3.0' said that 'to fully benefit from the promise of AI, we need greater speed and agility,' which would require 'a limited reduction in roles across the firm' alongside constrained headcount growth through year-end.
Internal memo (published by Business Insider) · Summary of the source, not verbatim.
Cut
- Score
- -1
- Dated
- Sector
- Financial Services
- Ticker
- GS
- Quote
- paraphrase
Why “Cut”
Classification by the stated outcome, not by what analysts infer. Methodology
Firmed: memo announces "a limited reduction in roles" plus constrained hiring.
Source
Business Insider via Yahoo Finance (the memo in full) (opens in a new tab)
https://finance.yahoo.com/news/goldman-sachs-cutting-jobs-unveils-014227663.html
AI Layoffs Index register (CC-attributed open data) (opens in a new tab)
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