Tag Archives: Goldman

If you thought banks would open the hiring floodgates in the final quarter of 2025 in anticipation of a fine 2026, then yesterday’s results from Goldman Sachs, JPMorgan, and Citi are a revelation. It’s not happening. Get Morning Coffee ☕ in your inbox. Sign up here. Instead of hiring, Goldman Sachs – which cut vice president (VP) jobs earlier this year and …

Goldman Sachs has reportedly informed its staff to expect an additional round of job cuts before the end of the year, as the bank looks to achieve further savings and leverage efficiencies gained through artificial intelligence (AI). The New York-based firm plans a “limited reduction in roles across the firm” and will “constrain headcount growth through the end of the …

Goldman Sachs is rolling out a major AI-driven overhaul of its OneGS program, the cross-bank initiative designed to drive new business and unify the firm’s services under one banner. As part of that revamp, dubbed OneGS 3.0, Goldman Sachs will implement a “limited reduction in roles” and will restrict head count growth through the end of the year, the company …

The challenging U.S. labor market is entering a new normal, according to Goldman Sachs economists David Mericle and Pierfrancesco Mei, who tackled the phenomenon of “jobless growth” in an Oct. 13 note. It resonates with what Federal Reserve Chair Jerome Powell memorably described in September as a “low-hire, low-fire” labor market, in which, for some reason, “kids coming out of …

NEW YORK, October 14, 2025 – The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $15.18 billion and net earnings of $4.10 billion for the third quarter ended September 30, 2025. Diluted earnings per common share (EPS) was $12.25 and annualized return on average common shareholders’ equity (ROE) was 14.2% for the third quarter of 2025. Please view …

Goldman Sachs Tells Staff It Plans to Cut More Jobs This Year  Bloomberg.com Goldman Sachs warns of looming layoffs as AI reshapes Wall Street giant’s operations:  New York Post Goldman economists on the Gen Z hiring nightmare: ‘jobless growth’ is probably the new normal  Fortune Goldman Sachs eyes layoffs and hiring slowdown amid AI push, memo shows  Reuters Goldman Sachs warns of ‘jobless growth’ …

Goldman Sachs Profit Surges, Fueled by Dealmaking Boom  The Wall Street JournalView Full Coverage on Google News Source link

Goldman Sachs stock dips after Q3 expenses, headcount climb; earnings and revenue beat (GS:NYSE)  Seeking AlphaView Full Coverage on Google News Source link

Goldman Sees US Consumers Paying More Than Half of Trump Tariffs  Bloomberg.com U.S. consumers bearing more than half the cost of tariffs so far, Goldman Sachs says  NBC News US consumers shouldering 55 percent of Trump tariff costs: Goldman Sachs  The Hill Goldman Sachs Report Blows Up Trump’s Key Tariff Claim  The Daily Beast How Much Longer Will Consumers Tolerate Tariffs?  Bloomberg.com Source link

David Solomon, CEO Goldman Sachs, speaking on CNBC’s Squawk Box on April 22nd, 2025. CNBC Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings per share: $11, according to LSEG Revenue: $14.1 billion, according to LSEG Trading revenue: Fixed Income of $3.19 billion, Equities of $3.9 billion, per StreetAccount Investing …