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Goldman Sachs Expands AI Workforce Amid Selective Job Cuts

Goldman Sachs Expands AI Workforce Amid Selective Job Cuts

Author:

Global Cryptocurrency

Published:

2025-10-16 19:13:02

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BTCCSquare news:

Goldman Sachs is trimming roles in certain divisions while simultaneously increasing its overall headcount, driven by aggressive hiring in artificial intelligence. The bank's workforce grew to 48,300 by September—1,800 more than year-end 2023—as it deploys AI across operations through its "OneGS 3.0" strategy.

The initiative focuses on automating client onboarding, lending processes, and regulatory compliance. This dual approach of cost optimization and tech investment mirrors Wall Street's broader pivot toward AI-driven efficiency gains.

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