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.
Wall Street looks set to end the year on a positive note, as traders await next week’s crucial payrolls report. 1. Goldman ...
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 ...
Artificial intelligence tools can replace much of Wall Street’s entry-level white-collar work, raising tough questions about ...
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 ...
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 economists led by Hatzius recently changed their forecast for US monetary policy, reducing the number of Federal Reserve interest-rate cuts they see this year from four to three.
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 ...
Goldman Sachs' profit beat Wall Street estimates, fueled by a recovery in underwriting, deals and bond trading in the first ...
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 ...