David Solomon, the CEO of U.S.-based investment bank and financial services company Goldman Sachs, said in a staff memo that the firm’s latest round of job cuts is expected to come within weeks.
Above, Goldman Sachs CEO David SolomonREUTERS In September ... While Goldman halted job cuts during COVID, the bank has made ...
A collapse in global deal-making, and a likely hit to its new fintech division will keep Goldman's Q4 earnings in check as it unveils sweeping job cuts ... review lead by CEO David Solomon.
Goldman Sachs’ CEO will receive about 29% less pay after ... In December, Morgan Stanley cut about 1,600 jobs amongst its global staff. Intel’s CEO is taking a 25% pay cut just days after ...
The latest Government data shows Goldman at the top — or bottom depending on your perspective — of the banking pay gap league ...
Artificial intelligence tools can replace much of Wall Street’s entry-level white-collar work, raising tough questions about ...
Glass Lewis and Institutional Shareholder Services recommended in separate reports this week that investors back a shareholder resolution calling for the job ... and CEO roles at Goldman and ...
Jane Fraser, CEO of Citigroup (Tom Williams/CQ-Roll Call ... contributing to the overall reduction of the white-collar workforce. The ongoing job cuts are being driven by a combination of ...
Goldman Sachs CEO David Solomon warned Friday that inflation ... and markets are predicting rate cuts, though I think inflation may prove stickier than many anticipate." Prices for everything ...
David Solomon, CEO of vaunted ... powerhouse Goldman Sachs wrote in a commentary that the economy "should be able to weather a later-than-expected start” to Fed rate cuts. They cited strong ...
Over the past few months, however, after a few hot inflation and jobs reports ... to Goldman Sachs. Of course, not everyone is so bullish. Just this week, JPMorgan Chase CEO Jamie Dimon argued ...
While some see it as a tool to eliminate repetitive tasks, others fear it will render entire jobs obsolete. "Almost all jobs are going to be impacted by AI one way or another," Adecco CEO Denis ...