On October 15th, according to BloombergGoldman SachsGoldman Sachs Group Inc. has informed staff that a new round is expected this yearLayoffs, as the Bank seeks to further reduce costs across business sectors and fully utilizesAIOpportunities presented by technology。

An aide-mémoire issued to employees on Tuesday morning indicated that the New York-based company had indicated that it would “control the growth of its personnel by the end of the year” and planned to “restricted part of its posts” on a company-wide basis。
However, the spokesman for Goldman Sachs, Jennifer Zuccarelli, added in a telephone interview that the company expected an overall increase in staff by the end of the year. By the end of September, Goldman Sachs had a total of 48,300 employees, an increase of approximately 1,800 over the end of last year。
1AI noted that in this memorandum to employees, the company simultaneously announced the launch of its “OneGS 3.0” strategy. In the letter, senior managers stressed that the efficiency gains brought about by artificial intelligence would be an important path to future growth. They noted that the application of artificial intelligence in the areas of customer access, loan processes, regulatory reporting and vendor management would be a “multi-year exercise”。
“Although we are still in the early stages of assessing the best deployment scenarios for artificially intelligent solutions, it is increasingly clear that our operational efficiency objectives must reflect the benefits of these transformative technologies.” David Solomon, CEO John Waldron, and Denis Coleman, Chief Financial Officer, shared the message。
They also stressed that “in order to fully unleash the potential of artificial intelligence, we must achieve greater speed and agility in all aspects of our operations. This means more than just re-engineering the platform.”
Goldman Sachs stock prices went down early on Tuesday, after the third quarter of the Bank ' s previously published financial report showed an increase in expenditure, despite a significant increase in revenue from its investment bank, which exceeded the counterparty。
Earlier this year, Goldman Sachs had reduced staff in its annual regular adjustments. By the end of the second quarter, its net staff was 700 fewer than three months earlier。