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Goldman Sachs OneGS 3.0: AI-Driven Overhaul Brings Job Cuts and Operational Transformation

Goldman Sachs is implementing a major AI-driven overhaul called OneGS 3.0 that will rewire operations for greater efficiency. The transformation includes limited job reductions and headcount constraints while positioning the firm for future growth through artificial intelligence integration.

In a significant strategic shift, Goldman Sachs has unveiled its OneGS 3.0 initiative, a comprehensive AI-driven overhaul that represents the next evolution of the firm’s operational framework. The announcement, detailed in an internal memo obtained by Business Insider, outlines both immediate workforce adjustments and long-term transformation goals as the banking giant positions itself to harness the power of artificial intelligence technologies.

OneGS 3.0: The Next Phase of Goldman Sachs’ Evolution

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AWS Security Leadership: Chet Kapoor Joins as VP Reporting to CEO Matt Garman

Amazon Web Services has appointed Chet Kapoor, former DataStax CEO, as vice president of security services and observability. Kapoor will report directly to AWS CEO Matt Garman and work alongside CISO Amy Herzog to enhance security around expanding AI products.

Amazon Web Services has made a significant security leadership appointment, hiring former DataStax CEO Chet Kapoor as its new vice president of security services and observability. According to an internal email obtained by Business Insider, Kapoor will report directly to AWS CEO Matt Garman, signaling the heightened importance of security in the company’s expanding artificial intelligence initiatives.

AWS Security Leadership Structure