“The downsizing isn’t confined to Europe. Goldman Sachs had warned U.S. employees in October of job cuts and a hiring...
“The downsizing isn’t confined to Europe. Goldman Sachs had warned U.S. employees in October of job cuts and a hiring freeze through the end of 2025 as part of an AI push ‘OneGS 3.0’ that’s targeting everything from client onboarding to regulatory reporting.”"
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"https://lnkd.in/eNGgvric"
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"First, note that this is reporting on an article about a report. This is more about vibes than reality. Personally? I would clear my ten years of software roadmap and radically improve all my processes with unbelievably rigid checkpoints for quality, then see how my workforce is doing with the new tools, and lock all that value down before completely changing how my huge institution works in a way that can't be reversed. Absolutely nobody understands this technology including the people who make it. But I guess the phrase “bet the bank” means something different to...banks.
https://techcrunch.com/2026/01/01/european-banks-plan-to-cut-200000-jobs-as-ai-takes-hold/