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Goldman Sachs with 47,000 Employees to Cut 1% to 5% of Workforce, Several Hundred Jobs Expected in 2 Months

15th September | Hong Kong

Goldman Sachs, one of the world’s largest financial institution with 47,000 employees worldwide, is planning on reducing 1% to 5% of its workforce, with several hundred jobs expected to be cut in the next 2 months (September, October 2022).  Goldman Sachs is one of the world’s strongest financial institutions, across multiple businesses worldwide, including investment banking, trading, asset & wealth management.  David Solomon Goldman Sachs Chairman & Chief Executive Officer at 2022 Q2 Earnings: “We delivered solid results in the second quarter as clients turned to us for our expertise and execution in these challenging markets. Despite increased volatility and uncertainty, I remain confident in our ability to navigate the environment, dynamically manage our resources and drive long-term, accretive returns for shareholders.”  Goldman Sachs Group, Inc. (NYSE: GS) plans to announce its 2022 Q3 financial results on 18th October 2022.

“ Goldman Sachs with 47,000 Employees to Cut 1% to 5% of Workforce, Several Hundred Jobs Expected in 2 Months “


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Goldman Sachs, United States

Goldman Sachs is a leading global financial institution that delivers a broad range of financial services across investment banking, securities, investment management and consumer banking to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

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