Limited job cuts and slower hiring through end of 2025
Source-backed update · Reported plan · Goldman Sachs
EventStaff memo sent October 14, 2025
ReportedOctober 14, 2025
Added to WorkHushOctober 14, 2025
Work at Goldman Sachs? Tell others what you’re seeing.
No account and no email, and no IP address or device details are stored with your post. Changed your mind? Take it down within 15 seconds, or up to 2 minutes with More time.
Sources
Bloomberg (via Bloomberg Law) · Oct 14, 2025Supports: Reported a staff memo saying Goldman would constrain headcount growth through year-end and make a limited reduction in roles, with a spokesperson saying overall headcount was still expected to rise.Open the sourceReuters (via TradingView) · Oct 14, 2025Supports: Reported that a memo from CEO David Solomon, President John Waldron and CFO Denis Coleman on the 'OneGS 3.0' AI initiative told staff of potential job cuts and a hiring slowdown through year-end.Open the source
Not in the sources
The memo gave no number of roles, teams, or locations, and Goldman said it still expected overall headcount to rise by year-end.
More job cuts in October 2025 ›