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Goldman Sachs Layoffs 2025: AI-Driven Restructuring Under OneGS 3.0
Goldman Sachs is preparing for another round of job cuts in 2025 as it accelerates its shift toward artificial intelligence under its OneGS 3.0 strategy, reports say.
A memo shared with employees, as reported by Bloomberg, revealed plans for a “limited reduction in roles across the firm” while restricting headcount growth for the rest of the year. Despite the cuts, the bank expects a net increase in staff by year-end due to hiring in growth areas.
AI at the Core of OneGS 3.0
The strategy focuses on integrating AI across client onboarding, lending, regulatory reporting, and vendor management. CEO David Solomon, President John Waldron, and CFO Denis Coleman noted that the bank is in the “early innings” of AI adoption. They emphasized that technology will reshape work, balancing human and machine roles to enhance speed and agility.
Previous Cuts and Shifting Roles
Goldman Sachs has already cut around 700 roles in 2024 during its annual workforce review. The upcoming reductions are expected to target routine or manual work, where AI can replace human involvement. Meanwhile, departments supporting technology adoption and strategic growth will continue to expand.
What This Means for Employees
The focus on AI signals a long-term shift in how the bank operates. Routine roles are most at risk, while employees in tech-driven, strategic areas may see new opportunities. The firm is betting on AI to drive productivity and growth, marking a transformation in workforce dynamics.
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Published: Oct 15, 2025
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